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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| St. James’s Place PLC | 535.0 | 2.9% |
| Beazley PLC | 672.5 | 2.8% |
| Hargreaves Lansdown PLC | 1,076.0 | 2.4% |
| B&M European Value Retail S.A. | 473.0 | 2.2% |
| Intermediate Capital Group PLC | 2,228.4 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Convatec Group PLC | 244.4 | -3.7% |
| Severn Trent PLC | 2394.0 | -3.2% |
| Ocado Group PLC | 347.4 | -2.8% |
| Melrose Industries PLC | 584.9 | -2.6% |
| United Utilities Group PLC | 1012.3 | -2.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,142 | -0.1% | 6.5% |
| DOW JONES INDUS. AVG | 38,778 | 0.5% | 13.1% |
| DAX INDEX | 18,068 | 0.4% | 10.5% |
| NIKKEI 225 | 38,482 | 1.0% | 14.2% |
| S&P/ASX 200 INDEX | 7,778 | 1.0% | 7.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 80.14 | -0.24% |
| Brent Crude (ICE) | USD/bbl. | 84.07 | -0.21% |
| Gold Spot | USD/t oz. | 2,320 | 0.0% |
| Copper (Comex) | USd/lb. | 444 | 0.0% |
Click graph to enlarge
The UK 100 called to open +48 points at 8,190. The UK 100 looks set to open higher this morning following fresh record highs yesterday on Wall Street and a strong showing this morning from Asian Markets. The S&P added 0.77% to finish at 5,473.23, while the Nasdaq surged 0.95% to settle at 17,857.02. The Dow Jones added 188.94 points, or 0.49%, to end at 38,778.10 and snap a four-day losing streak. In Asia, the Nikkei traded 0.8% higher at 38,407, while the Shanghai index was 0.22% higher at 3,022, the Hang Seng bucked the trend trading 0.32% lower at 17,879.
Ashtead Group report a FY24 pretax profit of $2.11bn, down from $2.16bn YoY due to the higher interest rate environment they are operating in. They state that end market in North America are robust with healthy demand as the company is in a position of strength with operational flexibility.
AstraZeneca notes Truqap plus paclitaxel does not meet dual primary endpoints in trial.
Telecom Plus says their FY24 adjusted pretax profit was slightly ahead of market expectations.
Whitbread says they are confident in their FY outlook and are making good progress on cost cutting. Their Q1 sales increased 1% to £739m driven by improved UK trading and continued progress in Germany. Premier Inn UK Q1 accommodation sales were in line with last year as their UK RevPAR decreased 2% YoY.
JP Morgan places Bunzl on ‘Positive Catalyst Watch’ (3 Buys / 7 Holds / 3 Sells)
UK
Ashtead Group PLC
Telecom Plus PLC*
Whitbread PLC
US
None
UK
Berkeley Group Holdings PLC
NextEnergy Solar Fund PLC
US
None
Eurogroup Meeting
EU Harmonized Index of Consumer Prices
EU ZEW Survey – Economic Sentiment
US Retail Sales
US Industrial Production
UK 100 companies going ex-dividend on 20th June 2024:
United Utilities Group
Persimmon
Airtel Africa
3i Group
Experian
UK 250 companies going ex-dividend on 20th June 2024:
British Land Company
Tate & Lyle
Mercantile Investment Trust
Templeton Emerging Markets IT
AVI Global Trust
MITIE Group
Patria Private Equity Trust
Fidelity China Special Situations
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