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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Evraz | 311.6 | 8.2% |
| Standard Life Aberdeen Plc | 269.6 | 6.3% |
| Just Eat Takeaway.com | 8,244.0 | 4.9% |
| Fresnillo | 853.6 | 4.8% |
| M&G | 167.5 | 4.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Hikma | 2340.0 | -5.7% |
| Rightmove Plc | 564.6 | -4.1% |
| Ocado Group | 1981.0 | -3.5% |
| International Consolidated Airlines | 251.9 | -2.7% |
| Autotrader | 533.0 | -2.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 6,320 | 1.2% | -14.7% |
| DOW JONES INDUS. AVG | 26,156 | 0.5% | -2.1% |
| DAX INDEX | 12,524 | 2.1% | 1.5% |
| NIKKEI 225 | 22,549 | 0.5% | 5.9% |
| S&P/ASX 200 INDEX | 5,954 | 0.2% | -10.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 40.02 | -1.74% |
| Brent Crude (ICE) | USD/bbl. | 42.38 | -1.62% |
| Gold Spot | USD/t oz. | 1,768 | 0.0% |
| Copper (Comex) | USd/lb. | 266 | 0.0% |
Click graph to enlarge
UK 100 called to open -30 points this morning at 6290. The UK 100 is expected to open lower this morning as new coronavirus cases in China, the US and Germany, raised fears with some investors of a possible second wave. This comes on the back of a positive session on Tuesday after data showing that some parts of the world economy had begun to get going again from the decline during the lockdown and also confirmation that the UK will ease its own restrictions from July 4 also added to the positive sentiment. Initial gains in Asia, were given back during the session with the Japanese Nikkei 225 down 0.09% while Hong Kong’s Hang Seng fell 0.11%. Brent crude trades at $42.53 per barrel, down 0.23% & gold $1,770 per ounce, flat.
JD Wetherspoon announces it is not intending to start any new projects i.e. pub developments in the next year. JD have borrowed £48.3m through the coronavirus large business interruption scheme. A large percentage of staff have already said when surveyed, they fully intend to return to work as soon as is allowed.
Premier Foods, despite the pandemic, expects full-year 2020-21 profit to exceed current expectations. FY pretax profit was £53.6m whilst adjust pretax profit rose 6% to £93.3. Revenue rose 2.8% to £847.1m. Consumer marketing was significantly increased with further increases expected in FY20/21. The companies forecasts to exceed current expectations for FY 20/21 revenue.
Petrofac are on track to deliver $125m of cost savings in 2020 and up to $200m in 2021. Trading and awards have been materially impacted by Covid-19 and a fall in oil prices. Full year and margin guidance remains suspended.
Persimmon have poached Dean Finch from National Express to succeed David Jenkinson as CEO.
Crest Nicholson H1 adjusted operating profits down 84.3%. The company has identified a further £30m in build cost savings. Half Year revenue fell to £240m and completed homes fell 34.7% too 775 (HY19: 1187). Will reinstate dividend where appropriate.
Premier Foods
Stagecoach
Dixons Carphone
Mitie Group
Safestore
Autotrader
Royal Mail Group
JP - Leading Economic Index
EU - EIA Crude Oil Stocks
UK 100:
United Utilities
Experian
UK 250:
Edinburgh Investment Trust
Caledonia Investment
LXI REIT
Law Debenture
Paypoint
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