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 |
| Barclays PLC | 151.8 | 2.3% |
| Ocado Group PLC | 538.8 | 1.7% |
| Standard Chartered PLC | 678.4 | 1.5% |
| 3I Group PLC | 1,907.5 | 1.4% |
| Smith (Ds) PLC | 271.2 | 1.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| B&M European Value Retail S.A. | 556.0 | -5.9% |
| Rentokil Initial PLC | 598.6 | -5.1% |
| Rolls-Royce Holdings PLC | 149.3 | -4.2% |
| WPP PLC | 816.0 | -4.1% |
| Tesco PLC | 247.6 | -3.2% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,476 | -0.3% | 2.2% |
| DOW JONES INDUS. AVG | 34,026 | 0.5% | 9.7% |
| DAX INDEX | 15,923 | -0.2% | 22.8% |
| NIKKEI 225 | 33,234 | 0.1% | 25.9% |
| S&P/ASX 200 INDEX | 7,195 | 0.0% | 9.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 70.11 | 0.79% |
| Brent Crude (ICE) | USD/bbl. | 74.52 | 0.66% |
| Gold Spot | USD/t oz. | 1,912 | 0.3% |
| Copper (Comex) | USd/lb. | 370 | -1.2% |
Click graph to enlarge
The UK 100 called to open +26 points at 7497. The UK 100 is expected to make a positive start to trading on Friday after US blue-chips advanced following strong economic data raised hopes of a soft landing in the world’s largest economy. The Dow Jones and S&P made strong gains, whilst the tech heavy Nasdaq recovered from early losses to end the session close to flat. In Asia, markets were mixed. The Nikkei 225 index in Tokyo was down 0.3%. In China, the Shanghai Composite was up 0.9%, while the Hang Seng index in Hong Kong was up 0.2%. Data in the UK this morning showed the economy had eked out growth of 0.1% in the first quarter, according to figures from the Office for National Statistics.
Centrica announces increased gas storage capacity at Rough, UK’s largest facility. Centrica are ready to invest £2bn to repurpose Rough field for extended gas storage.
Inchcape enters into a partnership with Great Wall Motor for vehicle distribution.
Credit Suisse Upgrades Drax Group to Outperform from Neutral (3 Buys / 2 Holds / 0 Sells)
Exane BNP Downgrades B&M European Value Retail to Neutral (7 Buys / 7 Holds / 2 Sells)
HSBC Upgrades Aviva to Buy (4 Buys / 7 Holds / 0 Sells)
UK
None
US
None
UK
None
US
None
EU leaders summit
Chinese NBS Manufacturing PMI
Chinese Non-Manufacturing PMI
UK Gross Domestic Product
German Retail Sales
German Unemployment Change
EU Core Harmonized Index of Consumer Prices
EU Harmonized Index of Consumer Prices
US Core Personal Consumption Expenditures - Price Index
US Personal Income
US Personal Spending
Chicago Purchasing Managers' Index
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 6th July 2023:
Next
JD Sports Fashion
UK 250 companies going ex-dividend on 6th July 2023:
Murray International Trust
ICG Enterprise Trust
Big Yellow Group
Workspace Group
Paragon Banking Group
Safestore Holdings
Global Smaller Companies Trust
Primary Health Properties
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.