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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rentokil Initial PLC | 482.9 | 7.8% |
| Burberry Group PLC | 719.8 | 3.2% |
| Admiral Group PLC | 2,629.0 | 2.5% |
| Intermediate Capital Group PLC | 2,138.0 | 2.3% |
| Spirax Group PLC | 8,630.0 | 2.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Easyjet PLC | 426.3 | -7.1% |
| International Consolidated Airlines Group S.A. | 164.2 | -3.4% |
| Endeavour Mining PLC | 1744.0 | -2.0% |
| Fresnillo PLC | 604.0 | -2.0% |
| Next PLC | 8772.0 | -1.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,199 | 0.5% | 7.0% |
| DOW JONES INDUS. AVG | 40,281 | 0.0% | 14.3% |
| DAX INDEX | 18,407 | 1.3% | 13.8% |
| NIKKEI 225 | 39,599 | -1.2% | 22.6% |
| S&P/ASX 200 INDEX | 7,932 | -0.5% | 8.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 79.79 | -0.42% |
| Brent Crude (ICE) | USD/bbl. | 82.17 | -0.56% |
| Gold Spot | USD/t oz. | 2,389 | -0.5% |
| Copper (Comex) | USd/lb. | 418 | -1.2% |
Click graph to enlarge
The UK 100 called to open -27 points at 8,171. The UK 100 looks set to open lower this morning, this comes despite strong showings Stateside from Mega-Cap’s Tesla & Nvidia, both rising 5% on the day helping the S&P 500 index to finish 1.1% higher. The Nasdaq lifted 1.6% and the Dow Jones rose by 0.3%, however cybersecurity firm CrowdStrike fell another 13% after Friday’s IT outage. Asian markets this morning struggled to consolidate a strong start, with the Hang Seng now trading 0.6% lower.
Beazley confirms no change to current guidance following the global IT outage.
Compass Group have raised their 2024 profit and revenue forecasts for the second time this year despite easing prices, after new business helped it beat Q3 revenue expectations. They now expect their underlying operating profit to grow above 15% and organic revenue above 10% for the fiscal year ending September. They reported a 10.3% rise in organic revenue for the quarter, ahead of analysts’ expectations of a 9.5% rise.
Mitie Group says they are on track to deliver high-single digit revenue growth for the year.
HSBC Upgrades Rio Tinto to Buy (5 Buys / 7 Holds / 0 Sells)
RPT/UBS Upgrades Legal & General to Buy (4 Buys / 7 Holds / 0 Sells)
UK
Compass Group PLC
Mitie Group PLC
Sthree PLC
US
Coca-Cola
GE Aerospace
General Motors
Philip Morris International
Spotify Technology SA
Alphabet Inc C
Alphabet Inc A
Microsoft Corp
Teladoc Health
Tesla
Visa Inc Class A
UK
Aston Martin Lagonda Global Holdings PLC
Breedon Group PLC
Fresnillo PLC
Greencoat UK Wind PLC
Hochschild Mining PLC
Primary Health Properties PLC*
Reckitt Benckiser Group PLC
easyJet PLC
US
AT&T
CME Group
Thermo Fisher Scientific
Ford Motor Co
International Business Machines
Newmont
QuantumScape
ServiceNow Inc
Eurogroup Meeting
EU Consumer Confidence
UK 100 companies going ex-dividend on 25th July 2024:
SSE
UK 250 companies going ex-dividend on 25th July 2024:
Pennon Group
QinetiQ Group
Foresight Solar Fund
Bankers Investment Trust
City of London Investment Trust
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