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 |
| National Grid PLC | 882.4 | 4.7% |
| SSE PLC | 1,755.0 | 2.3% |
| Severn Trent PLC | 2,386.0 | 2.1% |
| GSK PLC | 1,766.5 | 2.1% |
| Reckitt Benckiser Group PLC | 4,452.0 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| JD Sports Fashion PLC | 127.5 | -4.7% |
| Associated British Foods PLC | 2550.0 | -4.1% |
| Ocado Group PLC | 373.6 | -2.6% |
| Burberry Group PLC | 1035.0 | -1.8% |
| Spirax-Sarco Engineering PLC | 8910.0 | -1.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,275 | 0.5% | 8.8% |
| DOW JONES INDUS. AVG | 38,686 | 1.5% | 14.6% |
| DAX INDEX | 18,498 | 0.0% | 15.2% |
| NIKKEI 225 | 38,923 | 1.1% | 23.5% |
| S&P/ASX 200 INDEX | 7,761 | 0.8% | 8.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 76.86 | -0.17% |
| Brent Crude (ICE) | USD/bbl. | 80.93 | -0.22% |
| Gold Spot | USD/t oz. | 2,319 | -0.4% |
| Copper (Comex) | USd/lb. | 462 | 0.3% |
Click graph to enlarge
The UK 100 called to open +71 points at 8,346. UK 100 looks set to continue to rebound this morning, the UK bluechip index is called to open sharply higher to start the new trading month. This comes after a strong showing Stateside on Friday, the Dow Jones jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred inflation measure came in largely around expectations. The blue-chip Dow climbed 574.84 points, or 1.51%, to 38,686.32, lifted by Salesforce and UnitedHealth’s respective advances of 7.5% and 2.8%. The S&P added 0.80% to 5,277.51. The Nasdaq ticked lower by 0.01% to 16,735.02, as Nvidia and a few other megacap technology stocks took a hit.
AstraZeneca says Tagrisso reduces the risk of disease progression or death by 84%.
GSK says there is no scientific consensus that ranitidine increases risk of any cancer as they will continue to vigorously defend themselves against all claims. They will immediately seek appeal to ruling by Delaware State Court.
Hunting secures second casings and connections order from Kuwait Oil totalling $86m.
Goldman Sachs Downgrades Land Securities to Neutral from Buy (5 Buys / 8 Holds / 2 Sells)
Goldman Sachs Upgrades Great Portland to Buy from Neutral (4 Buys / 7 Holds / 2 Sells)
JP Morgan Upgrades Quilter to Overweight from Neutral (4 Buys / 6 Holds / 1 Sell)
JP Morgan Upgrades St James’s Place to Overweight from Neutral (6 Buys / 5 Holds / 0 Sells)
Kind Regards,
UK
Sirius Real Estate Ltd
US
None
UK
British American Tobacco PLC
Chemring Group PLC
Londonmetric Property PLC
US
CrowdStrike
Hewlett Packard Enterprise
Chinese Caixin Manufacturing PMI
German HCOB Manufacturing PMI
US ISM Manufacturing Employment Index
US ISM Manufacturing New Orders Index
US ISM Manufacturing PMI
US ISM Manufacturing Prices Paid
UK BRC Like-For-Like Retail Sales
UK 100 companies going ex-dividend on 6th June 2024:
Vodafone Group
National Grid
Sainsbury (J)
WPP
Informa
UK 250 companies going ex-dividend on 6th June 2024:
Marshalls
Computacenter
Assura
IntegraFin Holdings
Energean
Johnson Matthey
AJ Bell
Capital Gearing Trust
Edinburgh Investment Trust
JLEN Environmental Assets Group
Pets At Home Group
Balanced Commercial Property Trust
For any help you may require placing trades or in terms of market information, put a call in to our trading floor – it’s all part of the service.
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.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.