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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| National Grid PLC | 910.8 | 2.8% |
| Melrose Industries PLC | 630.8 | 2.7% |
| Easyjet PLC | 486.8 | 2.4% |
| Halma PLC | 2,289.0 | 2.2% |
| Marks And Spencer Group PLC | 312.2 | 2.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 355.2 | -7.2% |
| Fresnillo PLC | 575.5 | -6.7% |
| Standard Chartered PLC | 741.0 | -4.6% |
| BP PLC | 462.1 | -4.0% |
| Anglo American PLC | 2413.5 | -3.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,232 | -0.4% | 8.2% |
| DOW JONES INDUS. AVG | 38,545 | -0.1% | 14.5% |
| DAX INDEX | 18,406 | -1.1% | 14.7% |
| NIKKEI 225 | 38,837 | -0.2% | 20.6% |
| S&P/ASX 200 INDEX | 7,737 | -0.3% | 7.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 73.24 | -1.32% |
| Brent Crude (ICE) | USD/bbl. | 77.47 | -1.14% |
| Gold Spot | USD/t oz. | 2,324 | -1.2% |
| Copper (Comex) | USd/lb. | 454 | -2.8% |
Click graph to enlarge
The UK 100 called to open +50 points at 8,282. The UK 100 looks set to open higher this morning, this comes after US stocks closed with modest gains on Tuesday, buoyed by weaker-than-expected labour market data that reinforced expectations of an impending interest rate cut by the Federal Reserve. The 30-stock Dow climbed 140.26 points, or 0.36%, to close at 38,711.29. The S&P added 0.15% to finish the session at 5,291.34, and the Nasdaq advanced 0.17% to 16,857.05. Treasury yields were notably lower, with the rate on the benchmark 10-year note slipping about 7 basis points. Markets in Asia this morning have been firmer, Chinese PMI data showed substantial growth in May, its most rapid expansion in 10 months.
B&M European Value Retail SA met expectations with a 9.7% rise in FY profit, reflecting a similar rise in revenue that was boosted by 78 store openings. Their FY EBITDA came in at £629m, in line with guidance issued in April.
Centrica says business so far this year is in line with expectations amid “normalised” externals.
Ryanair reports 18.9m passengers carried in May, up 11% YoY with a load factor of 95%.
WH Smith says they are on track for FY guidance, as results were in line with expectations as their 13-week group revenue increased 5% YoY.
Berenberg Upgrades Taylor Wimpey to Buy from Hold (8 Buys / 5 Holds / 0 Sells)
Morgan Stanley Downgrades Mondi to Equal-Weight (4 Buys / 4 Holds / 0 Sells)
UBS Upgrades Smith & Nephew to Buy from Neutral (7 Buys / 6 Holds / 0 Sells)
UK
B&M European Value Retail SA
Discoverie Group PLC
Ninety One PLC
Paragon Banking Group PLC
WH Smith PLC
Workspace Group PLC
US
GameStop
UK
Mitie Group PLC
US
NIO
DocuSign
Chinese Caixin Services PMI
German HCOB Composite PMI
German HCOB Services PMI
EU HCOB Composite PMI
EU Producer Price Index
US ADP Employment Change
US S&P Global Composite PMI
US ISM Services PMI
US JOLTS Job Openings
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
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