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 |
| LONDON STOCK EXCHANGE GROUP | 7,574.0 | 3.0% |
| TAYLOR WIMPEY PLC | 171.4 | 2.6% |
| CRODA INTERNATIONAL PLC | 6,988.0 | 2.4% |
| PERSIMMON PLC | 3,160.0 | 2.4% |
| BARRATT DEVELOPMENTS PLC | 756.4 | 2.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| ROYAL MAIL PLC | 578.6 | -2.9% |
| ANTOFAGASTA PLC | 1544.5 | -2.2% |
| EVRAZ PLC | 637.6 | -2.2% |
| ASHTEAD GROUP PLC | 5148.0 | -1.9% |
| OCADO GROUP PLC | 1889.0 | -1.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,023 | 0.0% | 15.6% |
| DOW JONES INDUS. AVG | 34,529 | 0.2% | 36.0% |
| DAX INDEX | 15,421 | -0.6% | 33.1% |
| NIKKEI 225 | 28,814 | -0.2% | 30.6% |
| S&P/ASX 200 INDEX | 7,143 | -0.3% | 22.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 67.71 | 2.10% |
| Brent Crude (ICE) | USD/bbl. | 70.29 | 1.40% |
| Gold Spot | USD/t oz. | 1,916 | 0.5% |
| Copper (Comex) | USd/lb. | 467 | -0.1% |
UK 100 is called to open +4 points this morning at 7026. Calls for a positive open for the start of June come as the UK’s growth set to be the fastest among developed countries, according to the latest forecasts from the Organisation for Economic Co-operation and Development. In Asia this morning stocks were mixed as China’s Caixin/Markit manufacturing Purchasing Managers’ Index for May came in at 52, higher than April’s reading of 51.9. In China dipped, the Shanghai composite dipped 0.04%, while Hong Kong’s Hang Seng index lifted 0.58%. In Japan, the Nikkei 225 fell 0.20%.
Biffa reports a pretax loss of £52.8m (2020: £56.4m profit) and has declared no dividend. They state that they are encouraged by recent trading and that expectations for FY22 remain unchanged.
Kingspan signs new credit facility of 700m euros to 2026, replacing its 751m euro facility.
Micro Focus appoints former William Hill CFO Matt Ashley as their new CFO.
Morgan Stanley Downgrades Marks & Spencer to Equal weight from Overweight (6 Buys / 12 Holds / 0 Sells)
Biffa
Wizz Air Holding
German Retail Sales
European Consumer Price Index - Core
US ISM Manufacturing PMI
BoE's Governor Bailey speech
Chinese Caixin Manufacturing PMI
German Unemployment Rate
German Markit Manufacturing PMI
UK Markit Manufacturing PMI
European Unemployment Rate
OPEC Meeting
UK 100:
Kingfisher
Associated British Foods
Scottish Mortgage Investment Trust
National Grid
UK 250:
Vectura Group (Consolidation)
Synthomer
Balfour Beatty
Hill & Smith Holdings
Marshalls
Computacenter
Hilton Food Group
Alliance Trust
Jlen Environmental Assets Group
Temple Bar Investment Trust
Victrex
Worldwide Healthcare Trust
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.