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|Yesterday’s UK 100 Leaders||Price (p)||% Chg|
|Hargreaves Lansdown PLC||845.0||4.5%|
|Ocado Group PLC||657.6||4.2%|
|Frasers Group PLC||886.0||4.0%|
|Intermediate Capital Group PLC||1,202.0||3.9%|
|Rolls-Royce Holdings PLC||88.4||3.7%|
|Yesterday’s UK 100 Laggards||Price (p)||% Chg|
|Harbour Energy PLC||312.3||-2.6%|
|Scottish Mortgage Investment Trust PLC||761.8||-1.2%|
|Intertek Group PLC||3860.0||-1.1%|
|Major World Indices||Price||% Chg||1 YEAR|
|UK 100 INDEX||7,465||0.2%||2.5%|
|DOW JONES INDUS. AVG||34,194||0.3%||-4.5%|
|S&P/ASX 200 INDEX||7,242||0.1%||-2.1%|
|WTI Crude Oil (Nymex)||USD/bbl.||77.41||-0.68%|
|Brent Crude (ICE)||USD/bbl.||84.73||-0.80%|
|Gold Spot||USD/t oz.||1,757||0.4%|
The UK 100 is called to open +2 points this morning at 7467. The UK’s blue-chip index looks set to open marginally higher after gains in US markets after the release of the FOMC minutes was viewed positively, the Federal Reserve minutes showed that the central bank is looking to hand out smaller rate hikes in the coming months as inflation cools off. The Dow Jones rose 95.96 points, or 0.28%, to 34,194.06. The S&P gained 0.59% to close at 4,027.26, and the Nasdaq increased 0.99% to 11,285.32. US markets today are closed for the thanksgiving holiday.
Intertek posts Jan-Oct revenue of £2.63bn, up 16% from £2.28bn YoY. They are confident of FY growth, despite China lockdowns hit on operations in H1.
Jet2 swings to a H1 FY23 pretax profit of £450.7m (2021: £205.8m loss) as they declare an interim dividend of 3p. They expect to exceed current average market expectations for FY23.
Kingfisher kept financial guidance for its 2022-23 year broadly intact, with resilient trading in its latest quarter help by strong demand for energy efficient products. They expect their year to end-Jan 2023 adjusted pretax profit to be in the range of £730-760m, they previously forecast £730-770m.
Safestore Holdings report Q4 revenue of £56.8m, up 11% from £51.1m YoY. Their Q4 average storage rate came in at £29.6m, +4.3% YoY.
Barclays Downgrades Great Portland to Underweight from Overweight (6 Buys / 5 Holds / 1 Sell)
Barclays Upgrades Workspace Group to Overweight from Underweight (4 Buys / 2 Holds / 0 Sells)
Morgan Stanley Downgrade Londonmetric Property to Equal-weight from Overweight (5 Buys / 3 Holds / 1 Sell)
UBS Upgrades Virgin Money to Buy from Neutral (11 Buys / 7 Holds / 1 Sell)
Personal Asset Trust
Mitchells & Butler*
German IFO – Business Climate
German IFO – Current Assessment
German IFO – Expectations
BoE’s Ramsden speech
BoE’s Pill speech
EU ECB Monetary Policy Meeting Accounts
BoE’s Mann speech
Tokyo Consumer Price Index
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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