Getting latest data loading
Home / Morning Report / Morning Report – 7th July 2025

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

Morning Report - 7 July 2025

Yesterday’s UK 100 Leaders Price (p) % Chg
Vodafone Group PLC 81.6 3.0%
Fresnillo PLC 1,495.0 2.4%
Coca-Cola Europacific Partners PLC 7,130.0 2.0%
Coca-Cola Hbc AG 4,032.0 1.7%
Astrazeneca PLC 10,336.0 1.3%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Barratt Redrow PLC 422.7 -2.6%
Berkeley Group Holdings (The) PLC 3,586.0 -2.4%
Mondi PLC 1,199.0 -2.3%
Schroders PLC 363.0 -2.2%
Airtel Africa PLC 178.2 -2.1%
Major World Indices Price % Chg 1 Year
FTSE 100 INDEX 8,823 0.0% 7.5%
DOW JONES INDUS. AVG 44,829 0.8% 13.9%
DAX INDEX 23,787 -0.6% 28.8%
NIKKEI 225 39,588 -0.6% -3.2%
S&P/ASX 200 INDEX 8,589 -0.2% 9.8%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 66.32 -1.01%
Brent Crude (ICE) USD/bbl. 68.08 -0.32%
Gold Spot USD/t oz. 3,312 -0.8%
Copper (Comex) USd/lb. 500 -2.8%
The UK 100 called to open -17 points this morning at 8,805

4 Hours; 5 Months

Click graph to enlarge

Markets Overview:

 

The UK 100 called to open -17 points this morning at 8,805. Stock markets in the UK and US are set to open lower after President Trump said reciprocal tariffs will come into effect from 1 August.

The Dow Jones was closed on Friday for the Independence day public holiday.  U.S. stock futures fell early Monday after President Donald Trump threatened an additional 10% tariff on countries that align with the “Anti-American policies of BRICS.” He also confirmed that tariffs are set to go into effect Aug. 1, not July 9.  Trump did not elaborate on any specific policy of BRICS. The announcement came as the group’s meeting is underway in Rio de Janeiro, Brazil.  Dow Jones futures slid by 142 points, or 0.31%. S&P futures and Nasdaq futures dipped 0.47% and 0.56%, respectively.

In Asia this morning, the Nikkei 225 is down by 0.6% while the Hang Seng index and Shanghai Composite are close to their opening marks.

Company News & Broker Comments:

 

Company News:

Plus500 has reported a rise in quarterly profit as it continued an expansion drive into markets including Canada, the UAE and India.  Quarterly earnings before interest, taxation, depreciation and amortization (EBITDA) increased 12 per cent to $91.3m (£67m) on revenue of $209.3m.  Plus500 said active customers on its platform had jumped to 132,602 in the three months ended 30 June, from 123,803 the year prior. This contributed to a record $3.1bn in customer deposits over the half-year period.

 

Shell on Monday said it expects a weaker second quarter driven by lower trading performance in its Integrated Gas and Chemicals and Products segments.  Integrated Gas production is projected between 900,000 and 940,000 barrels of oil equivalent per day (kboe/d), down from 927,000 kboe/d in the first quarter.   Liquefied natural gas liquefaction volumes are forecast between 6.4 million and 6.8 million tonnes, compared with 6.6 million tonnes in the prior period.   The expected tax charge for the segment ranges from $300 million to $600 million, below the $800 million posted in the first quarter.  In the Upstream segment, production is forecast between 1.66 million and 1.76 million kboe/d, compared to 1.855 million kboe/d in the previous quarter.   The reduction reflects scheduled maintenance and the completed sale of the Shell Petroleum Development Company.   Exploration well write-offs and the share of profit or loss from joint ventures and associates are each expected to be about $200 million.   The taxation charge is estimated between $1.6 billion and $2.4 billion, compared to $2.6 billion last quarter.  Marketing adjusted earnings are expected to be higher than in the first quarter. Sales volumes are projected between 2.6 million and 3 million barrels per day, slightly below the 2.674 million recorded previously.   Pre-tax depreciation is estimated between $500 million and $700 million, with a tax charge between $200 million and $600 million.

Reporting Today:

 

UK

None

US

None

Reporting Tomorrow:

 

UK

None

US

None

In Focus Today:

BRICS Summit

German Industrial Production

ECB’s Nagel speech

EU Sentix Investor Confidence

EU Retail Sales

This Week’s Ex-Dividends:

 

UK 100 companies going ex-dividend on 10th July 2025:

Halma

Games Workshop Group

 

 

UK 250 companies going ex-dividend on 10th July 2025:

WH Smith

Bytes Technology Group

CMC Markets

Oxford Instruments

 

 

 

 

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. 69% 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.
.