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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Unilever PLC | 4,669.0 | 6.2% |
| British American Tobacco PLC | 2,713.2 | 5.3% |
| Relx PLC | 3,595.0 | 3.3% |
| Burberry Group PLC | 725.2 | 2.9% |
| Imperial Brands PLC | 2,144.0 | 2.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Centrica PLC | 131.7 | -8.0% |
| Pershing Square Holdings LTD | 3816.0 | -6.8% |
| Endeavour Mining PLC | 1697.0 | -6.0% |
| Airtel Africa PLC | 108.3 | -5.8% |
| Howden Joinery Group PLC | 908.5 | -4.1% |
| Major World Indices | Price | % Chg | 1 YEAR |
| FTSE 100 INDEX | 8,186 | 0.4% | 6.6% |
| DOW JONES INDUS. AVG | 39,935 | 0.2% | 12.4% |
| DAX INDEX | 18,299 | -0.5% | 13.4% |
| NIKKEI 225 | 37,667 | -0.5% | 15.3% |
| S&P/ASX 200 INDEX | 7,921 | 0.8% | 7.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 78.35 | 0.09% |
| Brent Crude (ICE) | USD/bbl. | 82.45 | 0.10% |
| Gold Spot | USD/t oz. | 2,368 | 0.2% |
| Copper (Comex) | USd/lb. | 412 | -0.2% |
Click graph to enlarge
The UK 100 called to open +21 points at 8,207. The UK 100 looks set to start the final day of the week slightly higher as markets look to shrug off the concerns driven by the current US tech sell-off. Overnight, Asian markets continued to trade lower, this follows the worst trading session since mid-April yesterday. Asia’s broadest index barring Japanese shares fell by more than 0.5% after falling close to 1.9% the day prior, while Japan’s Nikkei held flat.
Babcock International maintains their FY25 expectations as they note strong progress towards their medium-term guidance.
IMI Group says their CFO Daniel Shook is to step down “no later than May 2025” for family reasons.
Metro Bank have confirmed the sale of their £2.5bn residential portfolio to NatWest.
NatWest reported that their H1 profit fell by a less than expected 16% to £3bn, with margin hits by mortgage competition and savers shifting deposits to higher-paying products.
Rightmove reiterates their FY 2024 guidance as they continue to expect revenue growth of 7-9% for FY 2024.
HSBC Downgrades Greencore Group to Hold from Buy (3 Buys / 3 Holds / 1 Sell)
RBC Downgrades Lloyds to ‘Sector Perform’ from Outperform (6 Buys / 6 Holds / 0 Sells)
UBS Upgrades Anglo American to Buy from Neutral (4 Buys / 9 Holds / 1 Sell)
UK
Alliance Trust PLC*
Drax Group PLC
IMI PLC
Informa PLC*
Jupiter Fund Management PLC*
Man Group PLC
NatWest Group PLC
Rightmove PLC
Segro PLC
US
3M Co
Aon
Bristol-Myers Squibb
UK
Cranswick
Pearson
Smithson Investment Trust
US
McDonald’s Corp
US Core Personal Consumption Expenditures
US Personal Income
US Personal Spending
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 1st August 2024:
Reckitt Benckiser Group
Lloyds Banking Group
RELX
UK 250 companies going ex-dividend on1st August 2024:
Telecom Plus
Brunner Investment Trust
MONY Group
BlackRock Throgmorton Trust
Bellevue Healthcare Trust
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