Getting latest data loading
Home / Morning Report / Morning Report – 5th July 2024

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

Morning Report - 5 July 2024

Yesterday’s UK 100 Leaders Price (p) % Chg
Smith & Nephew PLC 1,054.0 6.9%
Bunzl PLC 3,120.0 2.9%
Barclays PLC 224.4 2.8%
Melrose Industries PLC 573.8 2.7%
Lloyds Banking Group PLC 57.3 2.5%


Yesterday’s UK 100 Laggards Price (p) % Chg
Next PLC 8938.0 -1.9%
Spirax Group PLC 8435.0 -1.8%
Croda International PLC 4035.0 -1.3%
Haleon PLC 322.2 -1.2%
Halma PLC 2690.0 -1.0%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 8,241 0.9% 10.7%
DOW JONES INDUS. AVG 39,308 -0.1% 14.2%
DAX INDEX 18,450 0.4% 15.8%
NIKKEI 225 40,818 -0.2% 22.4%
S&P/ASX 200 INDEX 7,822 -0.1% 7.8%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 83.73 -0.18%
Brent Crude (ICE) USD/bbl. 87.15 -0.32%
Gold Spot USD/t oz. 2,366 0.4%
Copper (Comex) USd/lb. 461 1.7%


The UK 100 called to open +15 points at 8,256

4 Hours; 3 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open +15 points at 8,256.  The UK 100 looks set to open higher this morning as Labour claimed a landslide victory overnight as widely expected.  Sterling gained 0.2% against the US Dollar to $1.277.  Focus will now turn to the King’s speech to understand Sir Kier Starmer’s priorities for his first year in Government.  US Markets will reopen today following the Independence Day holiday, with Non-Farm Payrolls in focus.



Company News & Broker Comments:

Company News:

Glencore gets final regulatory approval from the Canadian government for the acquisition of a 77% stake in Elk Vally Resources from Teck.


Shell will take an impairment charge of up to $2bn after the sale if its Singapore refinery and pausing construction of one of Europe’s largest biofuel plants.



Broker Comments:

Exane BNP Upgrades Lloyds to Outperform (8 Buys / 6 Holds / 0 Sells)


Jefferies Downgrades Softcat to Underperform from Buy (6 Buys / 6 Holds / 1 Sell)

Reporting Today:









Reporting Tomorrow:











In Focus Today:

German Industrial Production

EU Retail Sales

Fed’s Williams speech

US Average Hourly Earnings

US Nonfarm Payrolls

US Unemployment Rate



Next Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 11th July 2024:





UK 250 companies going ex-dividend on 11th July 2024:


WH Smith

Oxford Instruments

CMC Markets

Global Smaller Companies Trust

Merchants Trust

Balanced Commercial Property Trust

Supermarket Income REIT


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. 67% 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.