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Morning Report - 2 June 2026

Yesterday’s UK 100 Leaders Price (p) % Chg
Sage Group 907.6 7.7%
Entain 562.8 5.4%
Experian 2,676.0 4.0%
RELX 2,543.0 3.8%
Glencore 588.1 3.6%
Yesterday’s UK 100 Laggards Price (p) % Chg
Persimmon 1,053.5 -5.4%
BAE Systems 1,921.0 -5.0%
Rolls Royce Holdings 1,272.8 -4.8%
Babcock International Group 1,046.0 -4.6%
3i Group 2,179.0 -4.2%
Major World Indices Price % Chg 1 Year
UK 100 INDEX 10,339 0.7% 17.9%
DOW JONES INDUS. AVG 51,041 0.0% 20.8%
DAX INDEX 25,003 0.4% 4.2%
NIKKEI 225 66,934 0.9% 78.6%
S&P/ASX 200 INDEX 8,729 0.0% 3.8%
Commodity Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 92.31 5.67%
Brent Crude (ICE) USD/bbl. 95.17 4.44%
Gold Spot USD/t oz. 4,485 1.2%
Copper (Comex) USd/lb. 658 2.9%

 

The UK 100 is called to open +30 points at at 10,368. 

4 Hours; 4 Months

Click graph to enlarge

Markets Overview:


The UK 100 is called to open +30 points at at 10,368.  
The UK 100 looks set to claw back some losses on Tuesday morning trading, as oil prices simmered down on Donald Trump’s soothing news that Hezbollah and Israel had agreed to “stop shooting” at each other.

London’s blue-chip index has been called around 30 points higher on the futures market after ending the previous session down 70.33 points at 10,338.95.

The tech-heavy Nasdaq rose 0.4%, the S&P 500 added 0.3% and the Dow Jones Industrial Average edged 0.1% higher, marking fresh record highs for all three indices.

Oil prices, which have become the market’s main barometer of Middle East geopolitical risk, eased back this morning after a volatile 24 hours.

Brent crude traded around $94.30 a barrel, down from a brief surge above $97 yesterday when Iran said it was suspending talks with the US unless Israeli attacks on Lebanon and Gaza ceased.

 

Company News & Broker Comments:

 

Company News:

 

British American Tobacco says revenue and profit will come in towards the bottom end of its guidance for the 2026 financial year as continued declines in traditional cigarette volumes are offset by stronger-than-expected growth in nicotine pouches and vaping products.  For its New Categories arm, the tobacco group upgraded its forecast to “mid-teens” percentage revenue growth in both the first half and full year, up from a previous forecast for “low double-digit” growth.  For the group overall, BAT maintained its guidance for revenue growth of 3-5%, adjusted profit growth of 4-6% and adjusted diluted earnings per share growth of 5-8% in 2026, though it expects results to come in at the lower end of those ranges.  Furthermore, profits growth is expected to be weighted towards the second half of the year.

Reporting Today:

 

UK

Paragon Banking Group (PAG) – Half Year Results

Big Yellow Group (BYG) – Full Year Results

Pennon Group (PNN) – Full Year Results

 

US

Palo Alto Networks (PANW) AMC

 

Reporting Tomorrow:

 

UK

None

 

US

Medtronic (MDT) PMO

Broadcom (AVGO) AMC

CrowdStrike (CRWD) AMC

 

 

In Focus Today:

 

EU Index of Consumer Prices

BoE’s Governor Bailey speech

US JOLTS Job Openings

ECB’s Sleijpen speech

BoE’s Greene speech

 

This Week’s Ex-Dividends:

 

UK 100 companies going ex-dividend on 4th June 2026:

Sainsbury (J)

Vodafone Group

Marks & Spencer Group

LondonMetric Property

Sage Group

 

UK 250 companies going ex-dividend on4th June 2026:

Marshalls

WPP

Johnson Matthey

Pets at Home

Computacenter

Energean

AJ Bell

Law Debenture

 

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.


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