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 |
Weir Group PLC | 1,874.0 | 2.1% |
Rightmove PLC | 580.2 | 1.7% |
HSBC Holdings PLC | 656.7 | 1.6% |
Centrica PLC | 139.1 | 0.8% |
Diageo PLC | 3,421.5 | 0.7% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Beazley PLC | 524.4 | -4.4% |
Fresnillo PLC | 592.2 | -4.2% |
Jd Sports Fashion PLC | 152.9 | -3.0% |
Pearson PLC | 841.2 | -2.7% |
St. James’s Place PLC | 916.8 | -2.5% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,670 | -0.4% | 3.6% |
DOW JONES INDUS. AVG | 35,565 | 0.0% | 8.4% |
DAX INDEX | 16,297 | -0.9% | 20.9% |
NIKKEI 225 | 33,477 | 0.9% | 19.6% |
S&P/ASX 200 INDEX | 7,451 | 0.5% | 6.6% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 81.07 | -0.89% |
Brent Crude (ICE) | USD/bbl. | 84.72 | -0.83% |
Gold Spot | USD/t oz. | 1,943 | -1.1% |
Copper (Comex) | USd/lb. | 393 | -1.9% |
The UK 100 called to open -60 point at 7,606. The UK 100 looks set to fall after Fitch downgraded the US credit rating in a decision branded “arbitrary” by the country’s Treasury Secretary. This morning saw Asian markets fall with the Nikkei 225 in Tokyo down 2.2%, the Shanghai Composite in China down 0.9% and the Hang Seng in Hong Kong 2.1% worse off. Stateside yesterday saw the S&P lost 0.27% to finish at 4,576.73, while the Nasdaq Composite dropped 0.43% to end at 14,283.91. The Dow Jones Industrial Average added 71.15 points, or 0.2%, to settle at 35,630.68. Earlier in the session, the Dow touched its highest level since February 2022.
BAE Systems has reported a record order backlog, sending its half-year profit and dividend for shareholders up by over 10% each.
Haleon on Wednesday raised its full-year guidance as it reported a better-than-expected 10.4% organic revenue growth for the first half of 2023 on pricing and positive volume mix. The consumer-healthcare business–which was spun out of GSK and is partly owned by Pfizer–reported revenue for the six months ended June 30 of £5.74 billion ($7.33 billion), up from £5.19 billion a year prior. This was ahead of estimates taken from a company-compiled consensus which had the figure at £5.69 billion and had seen organic growth of 8.2% for the half-year.
Ryanair flew 18.7 million passengers in July, The total was up 11% from July 2022 and marked the first time the Irish carrier has flown 18 million passengers in a month. Its flights remained 96% full.
Shell PLC has awarded Wood Group (John) PLC with a three-year contract to continue providing engineering and management expertise for its projects.
Taylor Wimpey said revenue fell 21% to £1.64 billion from £2.08 billion the year before while pre-tax profit slumped 29% to £237.7 million from £334.5 million before. House completions slipped to 5,120 homes from 6,922 last year while the net private sales rates of 0.71 in the period compared to 0.90 last year.
No new broker comments
UK
BAE Systems
Direct Line Insurance Group
Endeavor Mining
Ferrexpo
Haleon
IP Group
Smurfit Kappa Group
Taylor Wimpey
US
The Kraft Heinz Co
Etsy
Lemonade
Occidental Petroleum
PayPal Holdings
Qualcomm Inc
Shopify
Unity Software
UK
Helios Towers
Hikma Pharmaceuticals
London Stock Exchange Group
Morgan Sindall
Next
Serco Group
Shaftesbury Group
Smith & Nephew
Wizz Air Holdings
US
Alibaba Group
Ball Corp
Fiverr International
Moderna
Airbnb
Amazon.com
Amgen
Apple Inc
Block
Coinbase Global
Gilead Sciences
US ADP Employment Change
UK 100 companies going ex-dividend on 3rd August 2023:
BT Group
Unilever
Lloyds Banking Group
Reckitt Benckiser Group
RELX
Rentokil Initial
UK 250 companies going ex-dividend on 3rd August 2023:
Oxford Instruments
Schroder Oriental Income Fund
Moneysupermarket.com Group
Games Workshop Group
Tyman
Rathbones Group
Aberforth Smaller Companies Trust
Jupiter Fund Management
Inchcape
Vesuvius
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.