This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
|Yesterday’s UK 100 Leaders||Price (p)||% Chg|
|National Grid PLC||1,010.0||2.1%|
|Endeavour Mining PLC||1,711.0||1.6%|
|Yesterday’s UK 100 Laggards||Price (p)||% Chg|
|Burberry Group PLC||1,550.0||-11.2%|
|Ocado Group PLC||559.4||-6.2%|
|Hargreaves Lansdown PLC||710.0||-5.8%|
|Smith (Ds) PLC||286.4||-4.2%|
|Smurfit Kappa Group PLC||2,746.0||-3.9%|
|Major World Indices||Price||% Chg||1 YEAR|
|UK 100 INDEX||7,411||-1.0%||0.9%|
|DOW JONES INDUS. AVG||34,945||-0.1%||4.2%|
|S&P/ASX 200 INDEX||7,049||-0.1%||-1.2%|
|WTI Crude Oil (Nymex)||USD/bbl.||72.91||0.01%|
|Brent Crude (ICE)||USD/bbl.||77.46||0.05%|
|Gold Spot||USD/t oz.||1,984||0.2%|
The UK 100 called to open +28 points at 7,438. The UK 100 is expected to open higher on Friday ahead of retail figures. In New York on Wall Street saw indices close broadly unchanged with the Dow Jones down 0.1%, the S&P up 0.1% and the Nasdaq up 0.1%. UK retail sales data this morning showed an unexpected fall in October, adding to the impression that a string of interest rate hikes designed to beat down inflation is beginning to stymie economic activity, giving hope that further rate rises could have a negative impact on the economy.
AstraZeneca says Truqap plus Faslodex approved in the US for patients with breast cancer form. The approval is based on phase 3 trial results that showed reduced death risk.
FirstGroup enter into a strategic decarbonisation partnership with Hitachi. They will form a 50/50 joint venture called NetGen Asset.
Hill & Smith completes the acquisition of United Fiberglass for $14m cash.
Marston’s appoints Justin Platt as their new CEO, effective from 10th January, replacing Andrew Andrea.
Barclays Upgrades Babcock to Overweight from Equal Weight (6 Buys / 4 Holds / 0 Sells)
Barclays Upgrades NatWest to Overweight from Equal Weight (7 Buys / 7 Holds / 1 Sell)
Jefferies Downgrades Great Portland Estates to Underperform from Hold (4 Buys / 7 Holds / 1 Sell)
Big Yellow Group
Sirius Real Estate
Zoom Video Communications
UK Retail Sales
EU Core Harmonized Index of Consumer Prices
BoE’s Ramsden speech
US Building Permits
US Housing Starts
UK 100 companies going ex-dividend on 23rd November 2023:
Scottish Mortgage Investment Trust
Land Securities Group
UK 250 companies going ex-dividend on 23rd November 2023:
BlackRock World Mining Trust
Witan Investment Trust
Tate & Lyle
Urban Logistics REIT
British Land Company
Babcock International Group
Liontrust Asset Management
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