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Thursday’s UK 100 Leaders | Price (p) | % Chg |
Centrica PLC | 92.3 | 6.2% |
Lloyds Banking Group PLC | 44.6 | 3.5% |
Imperial Brands PLC | 2,105.0 | 2.5% |
Natwest Group PLC | 252.7 | 2.4% |
British Land Company PLC | 400.1 | 2.1% |
Thursday’s UK 100 Laggards | Price (p) | % Chg |
Ocado Group | 655.4 | -9.7% |
Hargreaves Lansdown PLC | 826.0 | -5.2% |
Harbour Energy PLC | 318.7 | -4.5% |
Halma PLC | 2252.8 | -4.1% |
Spirax-Sarco Engineering PLC | 11200.0 | -3.5% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,386 | 0.5% | 2.2% |
DOW JONES INDUS. AVG | 33,746 | 0.6% | -5.2% |
DAX INDEX | 14,432 | 1.2% | -10.7% |
NIKKEI 225 | 27,945 | 0.2% | -6.1% |
S&P/ASX 200 INDEX | 7,139 | -0.2% | -3.5% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 79.95 | -0.16% |
Brent Crude (ICE) | USD/bbl. | 87.36 | -0.30% |
Gold Spot | USD/t oz. | 1,744 | -0.4% |
Copper (Comex) | USd/lb. | 364 | 0.0% |
The UK 100 is called to open -14 points this morning at 7371. The UK 100 looks set to open slightly lower this morning after China reported its first death from Covid in six months, leading to concerns that the Chinese government could make a U-turn on its decision of easing the strict Covid zero rules. The Hang Seng fell more than 2% today, after a more than 26% rebound in the first two weeks of November, while the CSI index slid 1.50%. This comes after a positive end to the week on Wall Street, The Dow Jones rose 199.37 points, or 0.59%, to 33,745.69, while the S&P climbed 0.48% to 3,965.34. The Nasdaq finished just 0.01% above the flat line at 11,146.06.
Compass Group report a FY pretax profit of £1.47bn (2021: £464m) as they launch a new £250m share buyback programme to be completed by H1 2023. They expect their FY23 underlying operating profit to be above 20% at a constant currency basis.
Diploma report a FY22 pretax profit of £129.5m (2021: £96.6m). They have increased their FY22 total dividend by 26% to 42.6p. In FY23 they expect mid-single digit organic revenue growth, weighted to H1. They state that FY23 has started well, consistent with guidance.
Virgin Money UK starts a £50m share buyback extension after they report a FY underlying pretax profit down 1% YoY.
Goldman Sachs Downgrades Boohoo to Neutral from Buy (5 Buys / 13 Holds / 3 Sells)
Goldman Sachs Upgrades B&M European Value Retail SA to Buy from Neutral (5 Buys / 10 Holds / 2 Sells)
Big Yellow Group
Compass Group
Diploma
Molten Ventures
NextEnergy Solar Fund
Sirius Real Estate
Caledonia Investments
Cranswick
Edinburgh Investment Trust
Euromoney Institutional Investor
Homeserve
Telecom Plus
PBoC Interest Rate Decision
German Producer Price Index
BoE’s Cunliffe speech
Chicago Fed National Activity Index
UK 100 companies going ex-dividend on 24th November 2022:
Vodafone Group
British Land Company
Imperial Brands
National Grid
Land Securities Group
RS Group
Scottish Mortgage Investment Trust
UK 250 companies going ex-dividend on 24th November 2022:
Diversified Energy Company
Urban Logistics REIT
3i Infrastructure
Volution Group
HICL Infrastructure
JPMorgan Global Growth & Income
Great Portland Estates
BlackRock World Mining Trust
Tate & Lyle
Witan Investment Trust
Kainos Group
Worldwide Healthcare Trust
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