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Morning Report - 31 July 2023

Yesterday’s UK 100 Leaders Price (p) % Chg
International Consolidated Airlines Group S.A. 164.8 6.4%
Standard Chartered PLC 739.6 4.3%
Astrazeneca PLC 11,124.0 4.0%
Ocado Group PLC 980.0 2.9%
Airtel Africa PLC 116.7 2.7%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Admiral Group PLC 2,171.0 -4.5%
St. James’s Place PLC 950.4 -4.3%
Beazley PLC 556.5 -2.9%
Kingfisher PLC 246.1 -2.5%
Aviva PLC 390.3 -2.3%

 

Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,703 0.1% 4.9%
DOW JONES INDUS. AVG 35,526 0.7% 8.9%
DAX INDEX 16,479 0.5% 23.8%
NIKKEI 225 32,759 -0.4% 17.8%
S&P/ASX 200 INDEX 7,404 -0.7% 7.5%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 80.00 -0.11%
Brent Crude (ICE) USD/bbl. 84.13 -0.13%
Gold Spot USD/t oz. 1,962 0.8%
Copper (Comex) USd/lb. 392 1.0%
The UK 100 called to open +15 point at 7,691.  

4 hours; 5 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open -10 point at 7,684.  The UK 100 looks set to open slightly lower on Monday after data from China showed the manufacturing sector had continued to contract.  In the US on Friday, markets advanced once more after Thursday’s blip as resilient data raised hopes of an economic soft landing.

 

 

Company News & Broker Comments:

Company News:

 

Britain’s biggest mortgage lenders will this week launch a £5mln advertising campaign to highlight support for cash-strapped customers.  The campaign, orchestrated by the industry lobbying group UK Finance, comes weeks after the signing of a mortgage charter by major lenders following talks with the chancellor, Jeremy Hunt.

 

BT Group have appointed Allison Kirkby as chief executive, taking over from Philip Jansen who announced he was stepping down earlier this month.

 

 

Marshalls PLC this morning said it plans to cut 250 jobs after warning performance in the second half will be below its previous expectations

 

Broker Comments:

No new broker comments

Reporting Today:

UK

 

Senior

Spectris

 

 

 

US

 

Arista Networks

Reporting Monday:

UK

 

BP

Coats Group

Diageo

Domino’s Pizza Group

Fresnillo

Greggs

HSBC Holdings

Keller Group

Man Group

Travis Perkins

Weir Group

 

 

US

 

Caterpillar Inc

Merck & Co

Pfizer

Advanced Micro Devices

MicroStrategy

Pinterest

Starbucks Corp

Uber Technologies

Virgin Galactic

 

 

In Focus Today:

Chinese NBS Manufacturing PMI

Chinese Non-Manufacturing PMI

German Retail Sales

EU Core Harmonized Index of Consumer Prices

EU Gross Domestic Product

US Chicago Purchasing Managers’ Index

US Loan Officer Survey

Japanese Unemployment Rate

 

This Week’s Ex-Dividends:

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

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