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 |
| Gsk PLC | 1,425.2 | 4.9% |
| Croda International PLC | 5,564.0 | 2.1% |
| Convatec Group PLC | 210.4 | 1.7% |
| British American Tobacco PLC | 2,625.0 | 1.4% |
| Pearson PLC | 821.8 | 1.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 537.6 | -5.3% |
| Smith (Ds) PLC | 268.1 | -4.4% |
| International Consolidated Airlines Group S.A. | 159.0 | -4.2% |
| Persimmon PLC | 1,059.0 | -4.0% |
| Jd Sports Fashion PLC | 143.8 | -4.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,462 | -0.5% | 3.5% |
| DOW JONES INDUS. AVG | 33,727 | -0.7% | 7.1% |
| DAX INDEX | 15,830 | -1.0% | 20.7% |
| NIKKEI 225 | 32,699 | -0.3% | 23.4% |
| S&P/ASX 200 INDEX | 7,079 | -0.3% | 7.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 69.57 | 0.59% |
| Brent Crude (ICE) | USD/bbl. | 74.36 | 0.69% |
| Gold Spot | USD/t oz. | 1,923 | 0.1% |
| Copper (Comex) | USd/lb. | 382 | 0.0% |
Click graph to enlarge
The UK 100 called to open -25 points at 7476. The UK 100 looks set to start the week on the front foot, following last weeks roller coaster trading week for the UK's blue chips. On Friday on Wall Street, stocks ended the week in the red. The Dow Jones Industrial Average closed down 0.7%, the S&P 500 down 0.8% and the Nasdaq Composite down 1.0%. In Asia, on Monday, markets also weakened.
Associated British Foods expects their FY23 adjusted operating profit to be “moderately ahead” of last year.
Aston Martin amends their strategic co-operation agreement with Mercedes-Benz as Mercedes-Benz are to remain a 9% shareholder and have board representation. Aston Martin have also formed a strategic agreement with Lucid Group for electric cars. They will pay Lucid $232m in a mixture of cash and shares.
Cineworld are to suspend trading of their shares in July as administrators have been appointed.
GlaxoSmithKline’s CFO Julie Brown buys shares worth £321,500. GSK also celebrates receiving positive opinion from CHMP authorising daprodustat for symptomatic anaemia.
HSBC Downgrades M&G to Hold (4 Buys / 5 Holds / 0 Sells)
JP Morgan Downgrades Lloyds to Underweight from Neutral (10 Buys / 5 Holds / 1 Sell)
RBC Upgrades Cranswick to Outperform from Sector Perform (7 Buys / 2 Holds / 0 Sells)
UK
Associated British Foods
Rio Tinto
Carnival
US
None
UK
ICG Enterprise Trust
PZ Cussons
Telecom Plus
US
None
German IFO – Business Climate
German IFO – Current Assessment
German IFO – Expectations
UK 100 companies going ex-dividend on 29th June 2023:
Burberry Group
B&M European Value Retail S.A.
F&C Investment Trust
UK 250 companies going ex-dividend on 29th June 2023:
Liontrust Asset Management
Bank of Georgia Group
Urban Logistics REIT
TR Property Investment Trust
JPMorgan European Discovery Trust
Caledonia Investments
Premier Foods
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.