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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| International Consolidated Airlines Group | 231.7 | 5.7% |
| Royal Bank Of Scotland Group | 125.0 | 4.7% |
| HSBC Holdings | 389.1 | 4.5% |
| Whitbread | 2,349.0 | 4.3% |
| Associated British Foods | 2,046.0 | 4.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| DS Smith | 296.7 | -6.9% |
| National Grid | 939.2 | -5.2% |
| Smurfit Kappa Group | 2548.0 | -4.1% |
| Coca-Cola HBC AG | 1983.5 | -2.0% |
| Sainsbury | 200.4 | -1.4% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 6,240 | 1.3% | -18.0% |
| DOW JONES INDUS. AVG | 25,827 | 0.4% | -3.6% |
| DAX INDEX | 12,608 | 2.8% | 0.7% |
| NIKKEI 225 | 22,146 | 0.1% | 2.4% |
| S&P/ASX 200 INDEX | 6,033 | 1.7% | -9.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 40.37 | -0.69% |
| Brent Crude (ICE) | USD/bbl. | 43.14 | 2.64% |
| Gold Spot | USD/t oz. | 1,776 | 0.0% |
| Copper (Comex) | USd/lb. | 275 | -0.1% |
Click graph to enlarge
UK 100 called to open +20 points this morning at 6260. Asia hit 4-month highs, with a pickup seen in Chinese service sector activity. It was the fastest expansion in 10 years, as easing of the lockdown measures revived consumer demand. This, coupled with a better than expected U.S. Non-Farm payrolls added to the positive move. The US gains last night were hampered by a surge in coronavirus cases. This led investors to believe the full effect will be felt in July. Florida alone spiked above 10,000 cases in a day. Oil prices eased on concerns about a resurgence in Covid-19 cases globally with Brent down 0.65% to $42.86 and WTI down 0.66% at $40.38 a barrel respectively.
Land Securities says £122m of rent payments was due on 24th June 2020. Non-essential retail opened with footfall being 60% of the level achieved in 2019. 60% of rent due on 24th June was paid within 5 working days (94% in 2019). COVID-19 has resulted in some customers taking longer to pay their rent. Intends to reinstate dividend payments after November 2020.
Rio Tinto has cut estimated reserves at its copper mine in Mongolia and confirmed it would face delays and higher costs after ground instability forced it to redesign its mine plan. As a consequence Turquoise Hill Resources has decided to defer any discussion on funding arrangements for the Mongolian copper project.
None
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US - Bank Holiday
CN - Caixin Services PMI
UK 100:
Aveva Group
British American Tobacco
UK 250:
Sirius Real Estate Trust
TalkTalk Telecom Group
Telecom Plus
Safestore Holdings
BMO Global Samller Companies
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