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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| SCOTTISH MORTGAGE INV TR PLC | 827.0 | 2.4% |
| HALEON PLC | 270.3 | 1.4% |
| PERSHING SQUARE HOLDINGS LTD | 2,800.0 | 1.1% |
| SHELL PLC | 2,341.0 | 0.6% |
| WHITBREAD PLC | 2,669.0 | 0.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| OCADO GROUP PLC | 623.2 | -8.2% |
| ABRDN PLC | 142.3 | -4.6% |
| BERKELEY GROUP HOLDINGS/THE | 3475.0 | -4.5% |
| SCHRODERS PLC | 2546.0 | -4.1% |
| MELROSE INDUSTRIES PLC | 116.8 | -4.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,277 | -1.5% | 3.5% |
| DOW JONES INDUS. AVG | 31,135 | 0.1% | -10.0% |
| DAX INDEX | 13,028 | -1.2% | -17.1% |
| NIKKEI 225 | 27,819 | -2.8% | -8.8% |
| S&P/ASX 200 INDEX | 6,829 | -2.6% | -7.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 88.48 | 1.34% |
| Brent Crude (ICE) | USD/bbl. | 94.54 | 1.47% |
| Gold Spot | USD/t oz. | 1,697 | 0.0% |
| Copper (Comex) | USd/lb. | 352 | -1.0% |
Click graph to enlarge
The UK 100 is called to open +28 points this morning at 7305. The UK 100 expected to make a bright start to the day following gains on Wall Street overnight. At the close the Dow Jones was 30 points higher, or 0.1%, at 31,135, The S&P gained 13 points, or 0.34%, to 3,946, while the Nasdaq rose 86 points, or 0.74%, to 11,720.
DFS Furniture reports that their FY pretax profit fell to £58.5m, down from £102.6m the year before. Order volumes softened in Q4 of FY22 and Q1 of FY23 versus pre-pandemic as they guide their FY23 profit before tax and amortisation in the range of £20-54m.
Hilton Food anticipates that their FY profit will be below expectations as they blame this on macroeconomic headwinds.
Renishaw reports that their FY22 pretax profit has risen to £145.6m (2021: £139.4m) as they declare a 72.6p dividend per share (2021: 66p per share). They state that start to FY23 was positive, with a strong order book but posts cautions outlook as order intake from semiconductor sector is weaker.
Shell CEO Ben van Beurden will step down at the end of 2022 with Wael Sawan to take over as new CEO on Jan 1st.
Trainline report that their H1 FY23 net ticket sales are up to £2.2bn, +17% v H1 FY20 as they see UK rail passenger numbers recover.
Wickes report a H1 pretax profit of £33.5m, down 6.2% from £25.7m YoY. They have declared an interim dividend of 3.6p, +71% YoY. They back their FY adjusted pretax profit guidance of £72-82m.
Wizz Air buys a further 102 Airbus A321 from Airbus SAS.
Citi Group Upgrades Tate & Lyle to Buy from Neutral (4 Buys / 4 Holds / 0 Sells)
Credit Suisse Downgrades AstraZeneca to Neutral from Outperform (17 Buys / 4 Holds / 0 Sells)
Credit Suisse Upgrades GlaxoSmithKline to Neutral from Underperform (6 Buys / 15 Holds / 1 Sell)
HSBC Upgrades BT Group to Buy from Hold (6 Buys / 8 Holds / 2 Sells)
Gresham House
Oxford Biomedica
None
Chinese Foreign Direct Investment
EU Labor Cost
US Initial Jobless Claims
US Retail Sales
UK 100 companies going ex-dividend on 15th September 2022:
Unite Group
Intertek Group
Melrose Industries
UK 250 companies going ex-dividend on 15th September 2022:
TBC Bank Group
Balanced Commercial Property Trust
International Public Partnerships
Energean
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