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| Monday’s UK 100 Leaders | Price (p) | % Chg |
| Fresnillo | 1,276.5 | 7.13% |
| Polymetal International | 1,932.5 | 7.06% |
| Antofagasta | 1,066.5 | 3.64% |
| Intertek | 5,500 | 2.47% |
| BHP Group | 1,748.2 | 2.25% |
| Friday’s UK 100 Laggards | Price (p) | % Chg |
| Pearson | 512.2 | -5.95% |
| International Consolidated Airlines Group | 186.95 | -5.87% |
| Melrose Industries | 98.52 | -5.59% |
| Intercontinental Hotels Group | 3,619 | -3.95% |
| BT Group | 108.5 | -3.83% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 6,105 | -0.3% | -19.1% |
| DOW JONES INDUS. AVG | 26,585 | 0.4% | -2.2% |
| DAX INDEX | 12,839 | 0.0% | 3.4% |
| NIKKEI 225 | 22,716 | -0.2% | 4.9% |
| S&P/ASX 200 INDEX | 6,044 | 0.3% | -11.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 41.60 | 0.75% |
| Brent Crude (ICE) | USD/bbl. | 43.50 | 0.37% |
| Gold Spot | USD/t oz. | 1,942 | 0.0% |
| Copper (Comex) | USd/lb. | 290 | 0.2% |
Click graph to enlarge
UK 100 called to open +20 points this morning at 6125. With another big week of companies reporting this week the U.S got off to a green start, pushed higher by tech giant Apple and Amazon on Monday (2.3% higher for Apple, whilst Amazon advanced 1.5%). The Dow Jones gained 114.88 points, or 0.4%, to close at 26,584.77. The S&P closed 0.7% higher at 3,239.41 and the Nasdaq outperformed both other major indices, climbing 1.7% to 10,536.27. Also driving market sentiment higher was news that the U.S. government has allocated an additional $472 million towards Moderna’s coronavirus vaccine research. Gold futures hit an intraday high of $1,941.90 per ounce and ended the session 1.8% higher at $1,931.50. Monday’s gain put the traditional safe haven up more than 26% year to date, leaving it on track for the biggest one-year gain since 2010.
Boohoo says they will act on the independent review findings of Leicester supply chain and look to embed its recommendations into its strategic planning.
Card Factory sees HY aggregate revenue of approximately £100m and they anticipate 9 store closures by end of current financial year.
Greggs sales increase to 72% of 2019 level after reopening. They reported a pre-tax loss of £65.2m (2019: £36.7m profit) for H1 2020 after its stores were closed for most of Q2.
Reckitt Benckiser Q2 tops estimates as they raise forecasts. They reported better than expected quarterly results as cautious customers sttocked up on Lysol and Dettol disindectants and Mucinex cough syrup during the coronavirus pandemic. Like-for-like sales +10.5% for Q2 2020, beating estimates of +7.8%.
Rio Tinto announced they have discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.
St James’s Place report that net cash inflows rise over 2% in H1 2020, whilst operating profit fell 10%.
Virgin Money reports a dip in customer lending in Q2 2020 as demand for mortgages and personal loans fell, but it was yet to see any spike in credit losses linked to COVID-19 pandemic. They were pushed into a H1 2020 loss after booking £232m provision for bad loans and likely defaults due to coronavirus.
Games Workshop
Fresnillo
Greggs
St James Place
Aston Martin
Barclays
Drax Group
Jupiter Fund Management
Rathbone
Rio Tinto
Smith & Nephew
Smurfit Kappa
Taylor Wimpey
Unite
Wizz Air
Lancashire Holdings
Next
Premier Food
US – Consumer Confidence
UK 100:
RELX
UK 250:
Foresight Solar Fund
GCP Infrastructure Investments
BB Healthcare Trust
City of London Investment Trust
Monks Investment Trust
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