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 |
Burberry Group PLC | 2,261.0 | 3.0% |
Croda International PLC | 5,632.0 | 2.6% |
Rightmove PLC | 590.6 | 2.4% |
Prudential PLC | 1,039.0 | 2.3% |
Flutter Entertainment PLC | 14,725.0 | 2.3% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Rio Tinto PLC | 4,787.2 | -3.4% |
Spirax-Sarco Engineering PLC | 10,495.0 | -3.1% |
Fresnillo PLC | 536.6 | -2.3% |
Natwest Group PLC | 235.3 | -1.3% |
Smurfit Kappa Group PLC | 3,160.0 | -1.2% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,611 | 0.3% | 1.0% |
DOW JONES INDUS. AVG | 35,349 | 0.6% | 6.1% |
DAX INDEX | 15,994 | 0.9% | 16.1% |
NIKKEI 225 | 32,474 | 0.8% | 16.7% |
S&P/ASX 200 INDEX | 7,357 | 0.3% | 4.1% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 83.47 | -1.10% |
Brent Crude (ICE) | USD/bbl. | 86.84 | -0.81% |
Gold Spot | USD/t oz. | 1,914 | -0.1% |
Copper (Comex) | USd/lb. | 377 | -0.3% |
The UK 100 called to open -38 points at 7,580. The UK 100 is set to open lower after US markets closed well below earlier highs while the UK economy posted modest growth in the second quarter of 2023. Data from the Office for National Statistics showed the UK economy grew by 0.2% between April and June, compared to zero growth in the previous quarter which was also what City commentators were expecting. Gross domestic product rose 0.5% in June after an unrevised fall of 0.1% in May 2023 and growth of 0.2% in April 2023. In the US, hawkish comments from San Francisco Federal Reserve Bank President Mary Daly dragged to US stocks closing off early strong gains, Daly was speaking after better than expected US inflation figures but while accepting the news was good, inflation is still too high, leaving the central bank with “more work to do”.
Emis: The UK Competition and Markets Authority provisionally clears UnitedHealth’s purchase of Emis.
Murray International Trust reports a NAV per share on June 30th of 257.9p, down from 258.7p on Dec 31st.
Rio Tinto and Simfer JV reach agreement on trans-Guinean infrastructure for Simandou.
Deutsche Bank Downgrades Domino’s Pizza to Hold from Buy (3 Buys / 4 Holds / 0 Sells)
RBC Downgrades CVS Group to ‘Sector Perform’ from Outperform (6 Buys / 2 Holds / 0 Sells)
UK
Murray International Trust
US
None
UK
Plus 500
US
None
UK Gross Domestic Product
UK Manufacturing Production
US Producer Price Index
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 17th August 2023:
abrdn
Anglo American
Schroders
Berkeley Group Holdings
Imperial Brands
GSK
Hiscox
Entain
ConvaTec Group
London Stock Exchange Group
Pershing Square Holdings
UK 250 companies going ex-dividend on 17th August 2023:
Investec
Bridgepoint Group
Tritax EuroBox GBP
Bluefield Solar Income Fund
Keller Group
UK Commercial Property REIT
Octopus Renewables Infrastructure Trust
Murray Income Trust
4imprint Group
Rotork
Chemring Group
ICG Enterprise Trust
Lancashire Holdings
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.