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 |
| Next | 15,660.0 | 5.7% |
| Endeavour Mining | 3,842.0 | 5.7% |
| Fresnillo | 2,747.0 | 4.5% |
| Glencore | 573.3 | 4.1% |
| Coca-Cola HBC | 5,015.0 | 3.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Prudential | 1,025.0 | -6.4% |
| HSBC Holdings | 1,510.6 | -4.7% |
| Autotrader Group | 520.0 | -2.8% |
| ConvaTec Group | 223.8 | -2.4% |
| Vodafone Group | 114.4 | -2.1% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 10,888 | 0.1% | 19.1% |
| DOW JONES INDUS. AVG | 54,349 | 0.5% | 23.2% |
| DAX INDEX | 26,126 | 0.3% | 9.6% |
| NIKKEI 225 | 66,300 | 3.7% | 62.5% |
| S&P/ASX 200 INDEX | 9,228 | 0.9% | 4.3% |
| Commodity | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 74.93 | 1.11% |
| Brent Crude (ICE) | USD/bbl. | 79.26 | 0.13% |
| Gold Spot | USD/t oz. | 4,249 | 4.2% |
| Copper (Comex) | USd/lb. | 674 | 1.5% |
Click graph to enlarge
The UK 100 is called to open +16 points at at 10,904. Stocks in London are set to open marginally higher on Thursday as investors monitored developments around the Strait of Hormuz while assessing another busy slate of corporate earnings.
Iran and Oman have agreed a route for ships transiting the Strait of Hormuz and are putting the final touches on arrangements for jointly managing the strategic waterway, Tehran’s foreign ministry said.
However, officials briefing Iranian media stressed that any reopening of the strait would depend on the US fulfilling what Tehran sees as its commitment to end its naval blockade of Iranian ports.
In the US on Wednesday, Wall Street ended mixed, with the Dow Jones up 0.5%, while the S&P and the Nasdaq fell 0.2% and 0.8%, respectively.
In Asia on Thursday, the Nikkei 225 index in Tokyo was down 0.8%. In China, the Shanghai Composite slipped 0.1%, while the Hang Seng index in Hong Kong fell 1.8%.
Persimmon said on Thursday it expects its annual home deliveries to be at the top of its prior forecast range, supported by robust first-half volume growth, but warned that rising costs might not be fully offset in 2027. The UK housing market, already grappling with easing demand amid elevated mortgage rates and high inflation, is now tackling rising material costs in the fallout of the Iran conflict, although Persimmon’s in-house production model had so far left it more resilient than its peers. Persimmon said actions to mitigate costs, including procurement and overhead savings, are underway, but estimated the impact of increased inflation could be around £40 million ($53.83 million) to £50 million over the next 18 months before mitigation. For 2026, it now expects to deliver around 12,500 home completions, at the upper end of the previous forecast, with underlying pre-tax profit in line with market expectations of £454 million.
WPP reported a 4.7% drop in first-half adjusted revenue on Thursday as account losses continued to weigh, but the British ad group said the trajectory had improved in recent months, particularly in its WPP Media planning and buying unit. The company reported revenue less pass-through costs of £4.75 billion ($6.39 billion) for the half, down 4.7% on a like-for-like basis, but ahead of analysts’ expectations. Headline operating profit fell 2.7% on the same basis to £398 million. It said it continued to expect an improving like-for-like growth trajectory for the rest of the year, with adjusted revenue falling by low to mid-single digits in the second half. Chief Executive Cindy Rose, who was tasked with turning around WPP when she took over in September, said she was encouraged by the group’s performance.
UK
TBC Bank Group (TBCG) – 2Q and 1H 2026 Financial Results
Admiral Group (ADM) – 2026 Interim Year Results
Metlen Energy & Metals (MTLN) – H1 2026 Results
OSB Group (OSB) – 2026 Half Year Results
Serco Group (SRP) – 2026 Half Year Results
WPP (WPP) – Interim Results 2026
Diageo (DGE) – Preliminary Results for Year
PZ Cussons (PZC) – Full Year Results
Wizz Air Holdings (WIZZ) – Q1 Results
US
ConocoPhillips (NYSE:COP) PMO
Keurig Dr Pepper Inc (NASDAQ:KDP) PMO
Unity Software Inc Ordinary Shares (NYSE:U) PMO
Viatris Inc (NASDAQ:VTRS) PMO
D-Wave Quantum Inc (NYSE:QBTS) PMO
Airbnb Inc (NASDAQ:ABNB) AMC
Cleanspark Inc (NASDAQ:CLSK) AMC E
Cloudflare Inc (NYSE:NET) AMC
MARA Holdings Inc (NASDAQ:MARA) AMC
The Trade Desk Inc Class A (NASDAQ:TTD) AMC
Twilio Inc Class A (NYSE:TWLO) AMC
Wheaton Precious Metals Corp (NYSE:WPM) AMC
UK
None
US
Take-Two Interactive Software Inc (NASDAQ:TTWO) PMO
Berkshire Hathaway Inc Class B (NYSE:BRK.B) AMC E
EU Economic Bulletin
EU Retail Sales
US Initial Jobless Claims
US Nonfarm Productivity
US Unit Labor Costs
Fed’s Musalem speech
UK 100 companies going ex-dividend on 6th August 2026:
BT Group
Reckitt Benckiser Group
Informa
Lloyds Banking Group
Schroders
Barclays
SEGRO
Unilever
RELX
Standard Chartered
AstraZeneca
St. James’s Place
Rolls-Royce Holdings
UK 250 companies going ex-dividend on 6th August 2026:
Jupiter Fund Management
Telecom Plus
Man Group
Inchcape
Lancashire Holdings
Avon Technologies
Helios Towers
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.