Getting latest data loading
Home / Morning Report / Morning Report – 12th June 2025

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Morning Report - 12 June 2025

Yesterday’s UK 100 Leaders Price (p) % Chg
Fresnillo PLC 1,388.0 3.58%
Prudential PLC 898.80 2.63%
BT Group PLC 180.80 2.55%
British American Tobacco PLC 3,571.0 2.03%
Games Workshop Group PLC 16,420.0 1.67%
Yesterday’s UK 100 Laggards Price (p) % Chg
Antofagasta PLC 1,836.5 -2.55%
Anglo American PLC 2,143.0 -2.39%
JD Sports Fashion PLC 80.32 -1.98%
Marks & Spencer Group PLC 367.40 -1.61%
Unite Group PLC 841.0 -1.52%
Major World Indices Price % Chg 1 Year
UK 100 INDEX 8,864 0.1% 8.8%
DOW JONES INDUS. AVG 42,866 0.0% 10.6%
DAX INDEX 23,949 -0.2% 30.4%
NIKKEI 225 38,421 0.6% -1.2%
S&P/ASX 200 INDEX 8,592 0.1% 11.4%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 68.04 4.71%
Brent Crude (ICE) USD/bbl. 69.67 4.19%
Gold Spot USD/t oz. 3,353 0.9%
Copper (Comex) USd/lb. 480 -2.1%

 

The UK 100 called to open -26 points this morning at 8,838

4 Hours; 6 Months

Click graph to enlarge

Markets Overview:

 

The UK 100 called to open -26 points this morning at 8,838. The UK 100 looks set to open lower this morning, this follows UK gross domestic product data out showing the UK economy had contracted by 0.3% during the month, according to the Office for National Statistics (ONS).  This a larger contraction than analysts’ fears that the economy would shrink by 0.1% and follows a 0.7% expansion during the first three months of the year.

The data covers the month when Donald Trump launched his so-called “liberation day” tariff onslaught which threatened to upend global trade.  ONS director of economic statistics Liz McKeown said: “After increasing for each of the four preceding months, April saw the largest monthly fall on record in goods exports to the United States with decreases seen across most types of goods, following the recent introduction of tariffs.”

Stocks closed lower on Wednesday as traders weighed a preliminary U.S.-China trade agreement and new inflation data. The market’s recent run higher took a breather as major indexes ended the session near previous closing levels.

The S&P lost 0.27% to end the day at 6,022.24, snapping a three-day win streak. The Nasdaq fell 0.5% to 19,615.88. The Dow Jones shed a mere 1.1 points, closing at 42,865.77.

The consumer price index rose 0.1% in May from April, less than the 0.2% estimate from economists polled by Dow Jones. Core CPI, which strips out volatile food and energy prices, also increased 0.1%, less than expected.

 

Company News & Broker Comments:

 

Company News:

Crest Nicholson Holdings reported its interim results for the six months ending April 2025, showing trading in line with expectations and confirming its full-year guidance. The company has made significant strategic progress, including a focus on quality home building, customer satisfaction, and operational excellence. Improved sales rates and gross profit margins were noted, alongside a reduction in administrative expenses and net debt. The housing market shows signs of stabilisation, with Crest Nicholson well-positioned to navigate the market confidently. The company remains committed to its strategic priorities and anticipates further performance improvements in the second half of the year.

 

Halma announced its full-year results for the period ending March 31, 2025, highlighting a proposed 7% increase in the final dividend to 14.12p per share. This increase reflects the company’s robust performance and commitment to shareholder returns. The final dividend is subject to shareholder approval at the upcoming Annual General Meeting. Halma continues to strengthen its market position with significant operations in the UK, Europe, the USA, and Asia Pacific, and has been recognized as one of Britain’s Most Admired Companies for six consecutive years.

 

Tesco, Britain’s biggest food retailer, said UK underlying sales growth picked up in its first quarter and it won market share from rivals but it left its profit guidance for the full year unchanged. The group, whose share of Britain’s grocery market has grown this year to 28%, a level not seen since 2016, said its UK like-for-like sales rose 5.1% in the 13 weeks to May 24, having been up 4.3% in the previous quarter.  Tesco said it still expected to report adjusted operating profit of between £2.7 billion and £3.0 billion ($3.6-$4.1 billion) in the year ending February 2026, down from the £3.13 billion achieved in 2024/25.  The group had said in April it expected profit to fall in its 2025/26 year as it set aside cash to deal with a step up in the “competitive intensity” of the UK grocery market – a reference to a pledge of sustained price cuts from Asda, Britain’s third biggest supermarket group, which has been losing market share.

Reporting Today:

 

UK

Tesco (TSCO)

Halma (HLMA)

US

Adobe (ADBE) AMC

Reporting Tomorrow:

 

UK

None

US

None

In Focus Today:

UK Gross Domestic Product

UK Industrial Production

UK Manufacturing Production

US Initial Jobless Claims

US Producer Price Index

Today’s Ex-Dividends:

 

UK 100 companies going ex-dividend on 12th June 2025:

Intermediate Capital Group

Land Securities Group

JD Sports Fashion

Scottish Mortgage Investment Trust

 

UK 250 companies going ex-dividend on 12th June 2025:

RS Group

C&C Group

3i Infrastructure

 

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.


Back to Top

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.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.