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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Severn Trent PLC | 2,546.0 | 1.8% |
| Haleon PLC | 332.2 | 1.7% |
| Smith & Nephew PLC | 1,076.5 | 1.4% |
| Fresnillo PLC | 588.8 | 1.2% |
| Entain PLC | 639.0 | 1.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Burberry Group PLC | 853.2 | -5.0% |
| BP PLC | 457.6 | -3.6% |
| Frasers Group PLC | 836.0 | -3.5% |
| Melrose Industries PLC | 564.4 | -3.1% |
| Persimmon PLC | 1426.5 | -3.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,193 | -0.1% | 13.4% |
| DOW JONES INDUS. AVG | 39,414 | 0.1% | 17.5% |
| DAX INDEX | 18,487 | 0.1% | 19.0% |
| NIKKEI 225 | 40,781 | -0.3% | 25.9% |
| S&P/ASX 200 INDEX | 7,763 | -0.8% | 10.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 82.77 | -0.47% |
| Brent Crude (ICE) | USD/bbl. | 86.29 | -0.29% |
| Gold Spot | USD/t oz. | 2,368 | -1.0% |
| Copper (Comex) | USd/lb. | 465 | -0.1% |
Click graph to enlarge
The UK 100 called to open +20 points at 8,159. The UK’s blue chip index looks set to open higher this morning as it stages an attempt at recovering some of yesterday’s losses. Although there is not a raft of macroeconomic news today, focus will likely once again be on Fed chief Jerome Powell, whom yesterday, expressed concern that holding interest rates too high for too long could jeopardise economic growth. On Wall Street yesterday, the broad market index inched higher by 0.07% to 5,576.98 for its 36th record close of the year. The Nasdaq added 0.14% to close at 18,429.29, also ending the day at a record. Both indexes touched fresh all-time highs during the session. The Dow Jones ticked down 52.82 points, or 0.13%, and ended at 39,291.97.
Barratt Developments forecasts that their FY24 profit is to be slightly ahead of expectations, after they built homes at the upper end of its outlook range, partly helped by stabilising prices.
Direct Line Insurance Group plans to pay around 60% of its operating earnings as a regular dividend.
JD Wetherspoon reports that their Like-for-Like sales increased 5.8% in the 10 weeks to July 7th. Their profit for the current FY is set to be in line with market expectations.
Goldman Sachs Downgrades the Autos & Construction sector to ‘Underweight’
JP Morgan places Flutter on ‘Positive Catalyst Watch’ (14 Buys / 3 Holds / 0 Sells)
UK
Barratt Developments PLC
Big Yellow Group PLC*
Grafton Group PLC
PageGroup PLC
Zigup PLC
Liontrust Asset Management
US
None
UK
Hays PLC
Severn Trent PLC
Trustpilot Group PLC
Jet2 PLC
Wood Group PLC
US
Delta Air Lines
PepsiCo
Chinese Consumer Price Index
Chinese Producer Price Index
Fed’s Beige Book
US Monthly Budget Statement
UK 100 companies going ex-dividend on 11th July 2024:
Halma
UK 250 companies going ex-dividend on 11th July 2024:
WH Smith
Oxford Instruments
CMC Markets
Global Smaller Companies Trust
Merchants Trust
Balanced Commercial Property Trust
Supermarket Income REIT
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