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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Relx plc | 2,283.0 | 6.2% |
| BAE Systems | 770.2 | 3.5% |
| Severn Trent | 2,730.0 | 2.5% |
| JD Sports Fashion | 119.6 | 2.4% |
| Lloyds Banking Group | 45.5 | 0.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Entain | 1340.0 | -3.3% |
| Scottish Mortgage Inv Trust | 791.2 | -1.9% |
| Rolls-Royce Holdings | 85.5 | -0.8% |
| Fresnillo | 861.6 | -0.4% |
| Ashtead Group | 5010.0 | -0.2% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,377 | -0.1% | 1.7% |
| DOW JONES INDUS. AVG | 33,700 | -0.1% | -5.4% |
| DAX INDEX | 14,380 | -0.4% | -10.8% |
| NIKKEI 225 | 28,116 | 0.6% | -5.6% |
| S&P/ASX 200 INDEX | 7,181 | 0.6% | -2.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 79.73 | -0.44% |
| Brent Crude (ICE) | USD/bbl. | 87.67 | 0.25% |
| Gold Spot | USD/t oz. | 1,742 | 0.3% |
| Copper (Comex) | USd/lb. | 359 | 0.3% |
Click graph to enlarge
The UK 100 is called to open +25 points this morning at 7400. The UK 100 looks set to open higher today after a mixed session to kick off the week yesterday. This comes after UK public borrowing has come in much lower than expected for October, but it was still the fourth highest October figure since 1993, also supported by a rebound in oil prices after Saudi Arabia denied a report that oil producers were discussing a production increase for their next meeting, saying a cut approved last month would stay in place until the end of 2023. The report yesterday in the Wall Street Journal had sent oil prices and oil stocks tumbling. But the denial saw Brent spike to around $87.60/barrel from $83.07 at the London close on Monday. At the close the Dow Jones was down 45 points, or 0.13%, at 33,700.28, the S&P slipped 15 points, or 0.39%, to 3,950 and the Nasdaq fell 122 points, or 1.1%, to 11,025
AstraZeneca are to show clinical opportunity in HR-positive advanced breast cancer, as they are scheduled to present potential new medicines between Dec 6-10th.
Babcock reports a H1 pretax profit of £51.2m (2021: £58.8m profit) as they declare no interim dividend. The H1 profit decline is due to disposals and currency derivative contract moves. They maintain their overall financial expectations for the current year.
Cranswick reports a H1 FY23 pretax profit of £61.5m, down 2.7% from £63.2m YoY. They state they are making progress and back their FY outlook.
Fresnillo says their main substation is to provide power to Juanicipio project has been approved for use. This is a key milestone for Juanicipio project with the substation connected to the grid.
GlaxoSmithKline starts the withdrawal process of US marketing authorisation for Blenrep as it did not meet the US FDA accelerated approval regulations requirements. Blenrep is a monotherapy treatment for myeloma.
Old Mutual funds under management shrinks 6% amid challenging economic climate and market volatility.
Petrofac appoints Tareq Kawash as CEO from April 1st when current CEO Sami Iskander is to leave.
Severn Trent swings to a H1 FY22 profit of £78.8m from a £180m loss YoY as they declare an interim dividend of 42.73p.
Citi Group Upgrades BP to Buy from Neutral (10 Buys / 7 Holds / 0 Sells)
Credit Suisse Downgrades Vodafone to Underperform from Outperform (6 Buys / 8 Holds / 2 Sells)
RBC Upgrades SSE to Outperform from Sector Perform (9 Buys / 4 Holds / 0 Sells)
Caledonia Investments
Cranswick
Edinburgh Investment Trust
Euromoney Institutional Investor
Homeserve
Telecom Plus
Britvic
Discoverie Group
HICL Infastructure
Johnson Matthey
Londonmetric Property
Pets at Home Group
Severn Trent
United Utilities
EU Consumer Confidence
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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