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 |
| St. James’s Place PLC | 1,308.5 | 11.9% |
| Rentokil Initial PLC | 379.5 | 9.5% |
| Rolls-Royce Holdings PLC | 1,072.0 | 8.5% |
| Rightmove PLC | 818.6 | 2.8% |
| Prudential PLC | 963.8 | 2.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Mondi PLC | 1,027.5 | -12.1% |
| London Stock Exchange Group PLC | 9,260.0 | -7.9% |
| Antofagasta PLC | 1,877.0 | -5.9% |
| Diageo PLC | 1,853.0 | -4.5% |
| Anglo American PLC | 2,148.0 | -3.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 9,133 | -0.1% | 10.3% |
| DOW JONES INDUS. AVG | 44,131 | -0.7% | 9.4% |
| DAX INDEX | 24,065 | -0.8% | 33.1% |
| NIKKEI 225 | 40,845 | -0.6% | 7.0% |
| S&P/ASX 200 INDEX | 8,662 | -0.9% | 6.7% |
| Copper (Comex) | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 69.06 | -0.29% |
| Brent Crude (ICE) | USD/bbl. | 71.55 | -0.21% |
| Gold Spot | USD/t oz. | 3,292 | 0.1% |
| Copper (Comex) | USd/lb. | 440 | 1.0% |
Click graph to enlarge
The UK 100 called to open -48 points this morning at 9,084. The UK 100 looks set to open lower, after US President Donald Trump signed an executive order outlining a new set of tariffs on the eve of the August 1 deadline, including a 35% tariff on Canadian goods, up from 25%.
Stocks slid on Thursday as struggles in the broader market overshadowed blockbuster results from megacap tech giants Microsoft and Meta Platforms The S&P dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq inched down 0.03% to settle at 21,122.45. Both indexes touched intraday records before retreating from those levels. The Dow Jones tumbled 330.30 points, or 0.74%, ending at 44,130.98.
Asian markets are also under pressure this morning, with Japan’s Nikkei down 0.6%, Hong Kong’s Hang Seng down 0.5% and Shanghai’s SSE Composite Is 0.3% lower.
IAG said it continues to benefit from robust demand after second quarter results beat City expectations today. Operating profit increased by 35.4% to 1,68 billion euros (£1.45 billion), leading to a 43.5% rise in the half-year surplus to 1.88 billion euros (£1.6 billion). Revenues lifted 8% to 15.9 billion euros (£13.8 bllion) in the six months. IAG said strength in premium cabin demand partially mitigated some softness in US point-of-sale economy leisure. It is 57% booked for the second half, with booked revenue in line with last year. Chief executive Luis Gallego said: “We continue to benefit from the trend of a structural shift in consumer spending towards travel. “We remain focused on our market-leading brands and core geographies, where we continue to see robust performance, allowing us to invest in fleet as well as technology to improve operational efficiency and customer experience.”
Melrose Industries reported first-half adjusted operating profit above market estimates on Friday, bolstered by rising defence and civil aerospace demand. While rising geopolitical tensions are fuelling defence spending and growth for aerospace suppliers, U.S. President Donald Trump’s sweeping tariffs are forcing companies like Melrose to reassess their supply chains and negotiate pricing.
UK Banks – The Supreme Court is to rule later today on whether millions of motorists could be entitled to compensation on their hire-purchase agreements. In October last year, the Court of Appeal ruled that “secret” commission payments to car dealers as part of finance arrangements made before 2021 without the motorist’s fully informed consent were unlawful. Two lenders, FirstRand Bank and Close Brothers, took the row to the Supreme Court, telling a three-day hearing in April that the decision was an “egregious error”. Lords Reed, Hodge, Lloyd-Jones, Briggs and Hamblen are due to hand down their ruling at 4.35pm on Friday.
UK
IMI (IMI)
International Consolidated Airlines (IAG)
Melrose Industries (MRO)
US
Chevron (CVX) PMO
Exxon Mobil Corp (XOM) PMO
Moderna (MRNA) PMO
AMC Entertainment (AMC) E
UK
None
US
Palantir Technologies (PLTR) AMC
Vertex Pharmaceuticals (VRTX) AMC
Chinese Caixin Manufacturing PMI
German HCOB Manufacturing PMI
EU Core Harmonized Index of Consumer Prices
US Average Hourly Earnings
US Labor Force Participation Rate
US Nonfarm Payrolls
US Unemployment Rate
US ISM Manufacturing PMI
Michigan Consumer Sentiment Index
UoM 1-year Consumer Inflation Expectations
UoM 5-year Consumer Inflation Expectations
UK 100 companies going ex-dividend on 7th August 2025:
BT Group
Ashtead Group
Informa
RELX
Reckitt Benckiser Group
NatWest Group
Barclays
AstraZeneca
Standard Chartered
Rolls-Royce Holdings
SEGRO
St. James’s Place
UK 250 companies going ex-dividend on7th August 2025:
Avon Technologies
Jupiter Fund Management
GCP Infrastructure Investments
Inchcape
Man Group
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.