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|
|Harbour Energy PLC||320.6||7.1%|
|Yesterday’s UK 100 Laggards||Price (p)||% Chg|
|Airtel Africa PLC||115.6||-3.5%|
|Hargreaves Lansdown PLC||808.4||-3.4%|
|Vodafone Group PLC||95.0||-3.2%|
|St. James’s Place PLC||1148.5||-2.6%|
|Ocado Group PLC||631.2||-2.2%|
|Major World Indices||Price||% Chg||1 YEAR|
|UK 100 INDEX||7,453||1.0%||2.6%|
|DOW JONES INDUS. AVG||34,098||1.2%||-4.8%|
|S&P/ASX 200 INDEX||7,232||0.7%||-2.4%|
|WTI Crude Oil (Nymex)||USD/bbl.||81.26||0.38%|
|Brent Crude (ICE)||USD/bbl.||88.74||0.43%|
|Gold Spot||USD/t oz.||1,743||0.2%|
The UK 100 is called to open +20 points this morning at 7472. The UK 100 looks set to open higher once again this morning following on from a strong rally both sides of the pond yesterday as oil prices rebounded. In focus today with be the federal reserve minutes. At the close the Dow Jones was up 398 points, or 1.18%, to 34,098, the S&P advanced 54 points, or 1.36%, to 4,004 and the Nasdaq jumped 150 points, or 1.36%, to 11,174.
Britvic report a FY pretax profit of £175.1m (2021: £134.6m profit) as they raise their FY dividend by 20% to 29p. They state that current trading remains robust and in line with expectations.
De La Rue reports a H1 pretax loss of £15.9m (2021: £10.9m profit) which is in line with July’s guidance. They guide their FY adjusted operating profit to be £30-33m, below £36m consensus.
Entain completes the acquisition of Croatia-based gaming and sportsbook operator SuperSport.
Glencore agree terms for sale and purchase of Glencore Cobar mine. They will receive $1.1bn and 1.5% net smelter return life of mine royalty from mine sale.
Halfords H1 pretax profit falls 54% to £29.3m from £64.3m YoY. They declare an unchanged 3p per share interim dividend.
Johnson Matthey reported a slightly lower HY profit as supply chain pressures constrained production volumes for the group’s automotive customers and as prices of precious metals softened. They reported a group underlying operating profit for the six months ended Sept 30th of £222m (2021: £297m profit).
Pets at Home reported a lower H1 profit hurt by a surge in freight and energy costs amid rising inflation. Their underlying profit before tax for the six months ended Oct 13th fell 9.3% to £59.2m.
United Utilities reports that their interim pretax profit grows to £426.3m (2021: £212.7m profit) as they declare a 15.17p per share interim dividend.
Bernstein Upgrades Glencore to Outperform from Market-perform (8 Buys / 2 Holds / 0 Sells)
Deutsche Bank Upgrades Sage Group to Hold from Sell (9 Buys / 6 Holds / 1 Sell)
Panmure Upgrades British Land to Buy from Hold (3 Buys / 8 Holds / 0 Sells)
Panmure Upgrades Land Securities to Buy from Hold (4 Buys / 10 Holds / 0 Sells)
Pets at Home Group
Personal Asset Trust
German S&P Global/BME Composite PMI
German S&P Global/BME Manufacturing PMI
German S&P Global/BME Services PMI
EU S&P Global Composite PMI
EU S&P Global Manufacturing PMI
EU S&P Global Services PMI
UK S&P Global/CIPS Composite PMI
UK S&P Global/CIPS Manufacturing PMI
UK S&P Global/CIPS Services PMI
UK Autumn Forecast Statement
US Durable Goods Orders
US Initial Jobless Claims
US Nondefense Capital Goods Orders ex Aircraft
US S&P Global Composite PMI
US S&P Global Manufacturing PMI
US S&P Global Services PMI
US Michigan Consumer Sentiment Index
US New Home Sales
US UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 24th November 2022:
British Land Company
Land Securities Group
Scottish Mortgage Investment Trust
UK 250 companies going ex-dividend on 24th November 2022:
Diversified Energy Company
Urban Logistics REIT
JPMorgan Global Growth & Income
Great Portland Estates
BlackRock World Mining Trust
Tate & Lyle
Witan Investment Trust
Worldwide Healthcare Trust
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