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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Anglo American PLC | 3,407.5 | 3.6% |
| Antofagasta PLC | 1,408.5 | 3.3% |
| Endeavour Mining PLC | 1,731.0 | 2.6% |
| Intertek Group PLC | 4,045.0 | 2.6% |
| London Stock Exchange Group PLC | 8,248.0 | 2.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| British Land Company PLC | 394.3 | -2.6% |
| Unite Group PLC | 922.5 | -2.5% |
| Tesco PLC | 227.5 | -2.4% |
| Segro PLC | 790.8 | -2.2% |
| Dcc PLC | 4389.0 | -1.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,573 | 0.8% | 7.3% |
| DOW JONES INDUS. AVG | 34,590 | 2.2% | 0.3% |
| DAX INDEX | 14,397 | 0.3% | -4.7% |
| NIKKEI 225 | 27,969 | -0.2% | 0.1% |
| S&P/ASX 200 INDEX | 7,284 | 0.4% | 0.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 80.46 | 2.89% |
| Brent Crude (ICE) | USD/bbl. | 85.43 | 2.89% |
| Gold Spot | USD/t oz. | 1,768 | 1.1% |
| Copper (Comex) | USd/lb. | 378 | 4.0% |
Click graph to enlarge
The UK 100 is called to open +25 points this morning at 7598. The UK 100 set to make a bright start to the day, building on yesterday’s gains, after US markets soared following comments by Federal Reserve Chair Jerome Powell who confirmed that the central bank will slow the pace of its aggressive rate-hiking campaign. In the US, the Dow Jones leapt 738 points, or 2.2%, to 34.590, the S&P surged 122 points, or 3.1%, to 4,080 and the Nasdaq jumped 484 points, or 4.4%, to 11,468 following Powell’s speech.
Abrdn declares a third 2022 interim dividend of 1.2p as their European portfolio has been valued up to 807.4m euros.
AJ Bell report a FY22 pretax profit of £58.4m (up 6% from £55.1m YoY) and a pretax profit margin of 36% (down from 38% YoY). They state that the fall in pretax profit margin reflects planned investment and price reductions. They expect their FY23 pretax profit margins to increase with higher revenue margins.
Boohoo are to enter the Indian market through a deal to feature its brands on Walmart Inc owned online fashion site Myntra.
ITM Power CEO Graham Cooley steps down with immediate effect as they cancel their scheduled trading update for December 8th to give new CEO time to assess priorities.
Spirax-Sarco engineering completes an acquisition of Durex Industries for $342.2m.
Barclays Downgrades Primary Health Properties to Underweight from Overweight (3 Buys / 4 Holds / 0 Sells)
Exane BNP Downgrades Pearson to Neutral from Outperform (4 Buys / 6 Holds / 1 Sell)
JP Morgan Downgrades European Banks to Neutral from Overweight
Auction Technology Group
AJ Bell
Chinese Caixin Manufacturing PMI
German Retail Sales
German S&P Global/BME Manufacturing PMI
UK S&P Global/CIPS Manufacturing PMI
EU Unemployment Rate
US Core Personal Consumption Expenditures – Price Index
US Initial Jobless Claims
US ISM Manufacturing PMI
UK 100 companies going ex-dividend on 1st December 2022:
3i Group
Severn Trent
Next
UK 250 companies going ex-dividend on 1st December 2022:
Bellway
Ninety One
Fidelity Special Values
Pets At Home Group
CMC Markets
Warehouse REIT
Telecom Plus
LXi REIT
LondonMetric Property
Hill & Smith Holdings
AVI Global Trust
Alliance Trust
Caledonia Investments
Personal Assets Trust
Oxford Instruments
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