5 August 2026

The FTSE 100 seems to have hit a resistance level at around 10,900 as it struggles to move much above this.  The Index closed at a record high of 10,910.55 on 27 February and although it closed at 10,908.41 on 29 July it has now drifted lower once again.  A number of companies have produced excellent results including NextRolls-Royce and HSBC but even so the Index is flatlining.  This could well indicate that some profit taking will set in and given the fact that we are in the holiday season this would not come as a surprise.

Featured Companies

On a Mission!

28 July 2026 - 19p The marketing company The Mission Group has issued a trading update covering the first six months of the year which has revealed that trading was in line with expectations.  As a result the group is expecting adjusted operating profit to be some 10% above last year at...

The latest from The Trader

AIM MARKET

Hercules recovering strongly

3 August 2026 - 44.45p We last commented on the company in June when we recommended the shares as a buy at 29p.  We believed...

Buy and build working for SDI

29 July 2026 - 93.25p We last commented on the scientific and technology company SDI Group in May when we rated the shares a buy...

Plug into Luceco!

29 July 2026 - 217.75p The supplier of electrical devices and systems to both the residential and commercial sectors has announced a trading update for...

Patience needed at Portmeirion

29 July 2026 - 47.9p The global homewares brand has issued a trading update for the six months to 30 June although the main feature...

MAIN MARKET

Sales at CT Automotive accelerating

4 August 2026 - 40.5p We recommended shares in CT Automotive back in April at 25.5p and it is clearly pleasing to see that they have doubled...

Load up with Domino’s Pizza!

4 August 2026 - 210p We tipped shares in Domino's Pizza at 188.3p in June and so it is pleasing to see that these have risen by...

Garden Grove incident overhang at Melrose

31 July 2026 - 455p The aerospace engineering group Melrose Industries has released strong interim results covering the six months to 30 June.  Revenues rose by 10%...

Lettings help Foxtons.

30 July 2026 - 40p The leading estate agent Foxtons has issued its half year results to 30 June and these have shown some resilience given the...

Penny Stocks

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