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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| ConvaTec Group PLC | 207.2 | 2.9% |
| Glencore PLC | 469.65 | 2.5% |
| Entain PLC | 1278 | 2.2% |
| Antofagasta PLC | 1547 | 2% |
| Prudential PLC | 1080.5 | 2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| British American Tobacco PLC | 2523 | -2.6% |
| Barratt Developments PLC | 411.2 | -1.6% |
| Bunzl PLC | 2783 | -1.1% |
| B&M European Value Retail SA | 545.6 | -1.1% |
| Berkeley Group Holdings (The) PLC | 3998 | -1% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,440 | 0.32% | 4% |
| DOW JONES INDUS. AVG | 34,395 | 0.14% | 11.8% |
| DAX INDEX | 16,141 | 0.74% | 26.5% |
| NIKKEI 225 | 32,419 | 1.5% | 21.7% |
| S&P/ASX 200 INDEX | 7,246 | 1.56% | 8.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 77.28 | 2% |
| Brent Crude (ICE) | USD/bbl. | 81.68 | 1.98% |
| Gold Spot | USD/t oz. | 1,960 | 0.16% |
| Copper (Comex) | USd/lb. | 394.6 | 2.41% |
Click graph to enlarge
The UK 100 called to open -9 points at 7,435. UK 100 is set to open lower on Friday as the pound climbs above $1.31 and investors look ahead to earnings from big US banks. HY earnings from BlackRock, Citigroup, JP Morgan and Wells Fargo will be released later today. New York closed higher on Thursday with the Dow +0.1%, S&P +0.9% and Nasdaq +1.6%. In Asia on Friday the Nikkei closed slightly higher, Shanghai +0.2% and Hang Seng +0.3%.
Ashmore Group report that their Q2 AuM fell by $1.8bn caused by positive investment performance of $1.1bn and $2.9bn of net outflows. Emerging markets performed well in Q2 with returns of 1% and 2.5%. They state that an active investment management approach is delivering outperformance.
Burberry Q1 comparable store sales increase 18% YoY as their outerwear and leather goods are among the lines performing well in Q1. Their Q1 retail revenue increased 17% on reported basis to £589m. They are confident of achieving FY and medium-term targets but notes tough backdrop.
Liontrust Asset Management report quarterly net outflows of £1.63bn with market and investment performance of £294m. Their AuM fell to £29.51bn on June 30th from £31.43bn on April 1st. They maintain full confidence in their investment teams’ processes.
Ninety One report that their Q1 FY24 AuM on June 30th came in at £124.8bn, down from £134.9bn YoY.
Tullow Oil notes successful start-up of Jubilee South East project in offshore Ghana.
JP Morgan places IAG on ‘positive catalyst watch’ (8 Buys / 4 Holds / 0 Sells)
UK
Liontrust Asset Management
Ashmore Group plc
Ninety One
US
BlackRock
Citigroup Inc
JPMorgan Chase & Co
UnitedHealth Group
Wells Fargo & Co
UK
None
US
None
EcoFin Meeting
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 20th July 2023:
None
UK 250 companies going ex-dividend on 20th July 2023:
Pennon Group
Ninety One
Telecom Plus
Bytes Technology Group
Foresight Solar Fund
Cranswick
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