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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Land Securities Group PLC | 583.8 | 3.0% |
| Jd Sports Fashion PLC | 144.8 | 2.7% |
| Unite Group PLC | 876.7 | 2.3% |
| Flutter Entertainment PLC | 15,470.0 | 2.1% |
| Segro PLC | 718.4 | 1.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Rentokil Initial PLC | 589.0 | -1.9% |
| Convatec Group PLC | 196.4 | -1.7% |
| Relx PLC | 2,435.0 | -1.6% |
| Admiral Group PLC | 2,038.0 | -1.4% |
| Melrose Industries PLC | 484.7 | -1.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,269 | -0.1% | 1.0% |
| DOW JONES INDUS. AVG | 34,090 | 0.4% | 9.4% |
| DAX INDEX | 15,779 | 0.7% | 23.1% |
| NIKKEI 225 | 32,204 | 0.0% | 22.3% |
| S&P/ASX 200 INDEX | 7,109 | 1.5% | 7.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 74.57 | 2.16% |
| Brent Crude (ICE) | USD/bbl. | 79.14 | 1.87% |
| Gold Spot | USD/t oz. | 1,932 | 0.3% |
| Copper (Comex) | USd/lb. | 376 | -0.7% |
Click graph to enlarge
The UK 100 called to open +9 points at 7301. The UK 100 is called to open higher as investors await the latest US inflation print. This follows on from a strong showing on Wall Street, with the Dow Jones up 0.9%, the S&P up 0.7% and the Nasdaq up 0.6%. Economists expect the headline US inflation figure to ease to 3.1% in June from 4.0% in May, on an annual basis.
Grafton notes resilience in H1 performance in line with expectations.
JD Wetherspoon says they expect their FY profit to be in line with market estimates, encouraged by strong demand and a slight easing in cost pressures.
PageGroup report that their Q2 gross profit fell 6.5% to £263.5m. Their Q2 productivity increased 6% QoQ, but was down 4% YoY.
Deutsche Bank Downgrades IAG to Hold from Buy (9 Buys / 3 Holds / 0 Sells)
RBC Downgrades Bunzl to Underperform from Sector Perform (4 Buys / 6 Holds / 3 Sells)
UBS Upgrades AstraZeneca to Buy from Neutral (15 Buys / 5 Holds / 0 Sells)
UK
Tullow Oil plc
Me Group
PageGroup
US
None
UK
Barratt Developments plc
Experian Plc
Hays plc
Wood Group
US
Delta Air Lines
PepsiCo
US Consumer Price Index
Fed’s Beige Book
UK 100 companies going ex-dividend on 13th July 2023:
British American Tobacco
Halma
UK 250 companies going ex-dividend on 13th July 2023:
Sirius Real Estate
CMC Markets
Firstgroup
Oxford Instruments
WH Smith
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
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