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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Severn Trent PLC | 2,715.0 | 3.7% |
| Easyjet PLC | 493.5 | 3.2% |
| Schroders PLC | 388.0 | 3.0% |
| Rightmove PLC | 556.2 | 2.9% |
| Sainsbury (J) PLC | 268.2 | 2.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Vodafone Group PLC | 71.1 | -1.8% |
| Relx PLC | 3547.0 | -1.3% |
| Admiral Group PLC | 2598.0 | -1.0% |
| Dcc PLC | 5635.0 | -1.0% |
| Diploma PLC | 4149.2 | -0.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,223 | 0.4% | 12.9% |
| DOW JONES INDUS. AVG | 39,755 | 0.1% | 16.1% |
| DAX INDEX | 18,535 | 0.7% | 17.4% |
| NIKKEI 225 | 42,224 | 0.9% | 32.2% |
| S&P/ASX 200 INDEX | 7,890 | 0.9% | 10.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 82.57 | 0.57% |
| Brent Crude (ICE) | USD/bbl. | 85.35 | 0.32% |
| Gold Spot | USD/t oz. | 2,415 | 1.9% |
| Copper (Comex) | USd/lb. | 451 | -2.2% |
Click graph to enlarge
The UK 100 called to open +45 points at 8,268. The UK 100 looks set to open higher again this morning, ahead of todays Producer Price Index data from the US, The S&P retreated from a record as investors rotated out of the big technology winners of the year, including Nvidia and Meta Platforms. The catalyst for the move was the lowest consumer price index reading in more than three years, which sent rates lower and investors into small caps and housing-related shares. The S&P fell 0.88%, retreating from a record it touched earlier in the session and closing at 5,584.54. The Nasdaq pulled back 1.95%, after also hitting a new record earlier in the trading day. The tech-heavy index ended the day at 18,283.41, weighed down by a decline of more than 5% in Nvidia. The Dow Jones added 32.39 points, or 0.08%, ending at 39,753.75.
Ashmore Group report that their market performance over the quarter was broadly in line with the previous quarter. Their Assets Under Management as of June 30th came in at $49.5bn, down from $51.9bn at March 31st.
Land Securities declares their first interim dividend of 9.2p per share for FY25.
Goldman Sachs Downgrades Diageo to Sell from Neutral (7 Buys / 8 Holds / 3 Sells)
HSBC Downgrades IAG to Hold from Buy (7 Buys / 4 Holds / 0 Sells)
HSBC Downgrades Ryanair to Hold from Buy (4 Buys / 1 Hold / 0 Sells)
JP Morgan places Future on ‘Positive Catalyst watch’ (8 Buys / 1 Hold / 0 Sells)
UK
Ashmore Group PLC
US
Citigroup Inc
JPMorgan Chase & Co
Wells Fargo & Co
UK
Me Group International PLC
US
BlackRock
Goldman Sachs
German Retail Sales
US Producer Price Index
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 18th July 2024:
None
UK 250 companies going ex-dividend on 18th July 2024:
Cranswick
Bytes Technology Group
Ninety One
C&C Group
FirstGroup
Schroder Oriental Income Fund
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