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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Glencore PLC | 306.0 | 5.1% |
| Antofagasta PLC | 1,916.0 | 4.6% |
| Spirax Group PLC | 6,175.0 | 4.4% |
| Anglo American PLC | 2,263.5 | 4.2% |
| Ashtead Group PLC | 4,788.0 | 3.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Berkeley Group Holdings (The) PLC | 3,600.0 | -7.9% |
| Persimmon PLC | 1,210.5 | -6.8% |
| Natwest Group PLC | 473.8 | -5.5% |
| Convatec Group PLC | 257.4 | -5.4% |
| Land Securities Group PLC | 600.0 | -5.3% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,775 | -0.1% | 7.4% |
| DOW JONES INDUS. AVG | 44,484 | 0.0% | 13.2% |
| DAX INDEX | 23,790 | 0.5% | 29.5% |
| NIKKEI 225 | 39,692 | -0.2% | -2.1% |
| S&P/ASX 200 INDEX | 8,596 | 0.0% | 11.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 66.93 | -0.77% |
| Brent Crude (ICE) | USD/bbl. | 68.58 | -0.77% |
| Gold Spot | USD/t oz. | 3,361 | 0.1% |
| Copper (Comex) | USd/lb. | 519 | -0.1% |
Click graph to enlarge
The UK 100 called to open +27 points this morning at 8,801. The UK 100 looks set to bounce back from yesterdays drop after the pound has steadied at near to $1.364 after the Prime Minister said Rachel Reeves will be Chancellor for a “very long time to come”. Keir Starmer said it was “absolutely wrong” to suggest the Chancellor’s visibly tearful appearance in the Commons related to the welfare U-turn, which put an almost £5 billion black hole in her plans. Companies exposed to rising borrowing costs came under significant pressure yesterday, with housebuilder Berkeley down by 8%, Land Securities 5% lower and NatWest off by 5.5%. The selling came as the yield on Government bonds, called gilts, jumped in the face of speculation over the future of the chancellor.
The S&P rose on Wednesday after President Donald Trump announced a U.S.-Vietnam trade deal. However, a new report showing private payrolls surprisingly decreased in June, which raised concerns over the state of the U.S. economy. The broad market index gained 0.47% and closed at 6,227.42. The S&P scored a fresh all-time intraday high and closed at a record. The Nasdaq advanced 0.94% and posted a record close of 20,393.13. The Dow Jones slipped 10.52 points, or 0.02%, and ended at 44,484.42.
Asian shares were subdued on Thursday as investors braced for a key U.S. jobs report that may justify imminent rate cuts by the Federal Reserve and waited on the passage of a massive U.S. tax and spending bill in Congress.
Currys reported an annual adjusted pre-tax profit above market expectations on Thursday, as rising sales and tight cost control helped offset pressures from inflation and increased wages. It posted an adjusted pre-tax profit of 162 million pounds ($220.95 million) for the year ended May 3, above analysts estimate of 159 million pounds, according to a company poll.
Watches of Switzerland, has posted record revenues for the year ending April 27 – but seen profit before tax fall. Group revenue came in at £1.65bn – up 7% on last year, however profit before tax fell by 18% to £76m. The US was the main driver of growth for Watches of Switzerland, with revenues up 16% Stateside, versus just 2% in the UK. However, this was a return to growth for the domestic market, which shrank in the previous year.
UK
Currys (CURY)*
Watches of Switzerland Group (WOSG)
US
None
UK
None
US
None
Chinese Caixin Services PMI
German HCOB Composite PMI
German HCOB Services PMI
EU HCOB Composite PMI
ECB Monetary Policy Meeting Accounts
US Average Hourly Earnings
US Initial Jobless Claims
US Nonfarm Payrolls
US Unemployment Rate
US Factory Orders
US ISM Services PMI
UK 100 companies going ex-dividend on 3rd July 2025:
Next
F&C Investment trust
UK 250 companies going special ex-dividend on 2nd July 2025:
Spirent Communications
UK 250 companies going ex-dividend on 3rd July 2025:
Workspace Group
Big Yellow Group
Lion Finance Group
FirstGroup
JPMorgan European Discovery Trust
Primary Health Properties
Paragon Banking Group
Safestore Holdings
PayPaoint
NCC Group
Murray International Trust
ICG Enterprise Trust
Atalaya Mining
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