The US and China are currently locked in a battle for global supremacy and even a deadly pandemic has failed to prevent tensions from ratcheting up. Arguably on an inevitable collision course, the pressure has been amplified by US president Donald Trump’s trade war. As Mr Trump seeks to redress perceived imbalances, the repercussions have reverberated across international equities markets.
A key battleground is technology, and companies are finding themselves increasingly caught in the middle of this superpower struggle. Recently we have seen a step-up in the campaign against Huawei, TikTok has found itself at the centre of a national security storm and US tech players are navigating how to conduct business in Hong Kong and mainland China while satisfying both Washington and Beijing.
A new report by Deutsche Bank says we could ultimately end up with a “tech wall” – parallel US and Chinese tech regimes that split the world into two camps. If this ‘tech cold war’ continues unabated, Apjit Walia, Deutsche Bank’s global head of tech strategy, says it could cost $3.5 trillion (£2.7 trillion) over the next five years to decouple the existing tech infrastructure.
As this cold war unfolds, it has spurred a ‘homecoming’ for Chinese companies, particularly as US political machinations seek to limit their access to capital markets. E-commerce giants Alibaba (US:BABA) and JD.com (US:JD) and videogames maker NetEase (US:NTES) have already added secondary listings in Hong Kong, and more are expected to follow. Ant Financial – which operates Alipay, the world’s largest mobile and online payments platform – is forgoing the US for concurrent IPOs in Hong Kong and Shanghai and could make a $200bn market debut.
Amid the rush of new listings, the Hong Kong exchange has launched a new benchmark for tech stocks. Tracking 30 companies in total, the Hang Seng Tech Index (HSTI) includes some of China’s most valuable businesses. The biggest constituents – Alibaba, internet giant Tencent (HK:0700), food delivery platform Meituan Dianping (HK:3690) and smartphone maker Xiaomi (HK:1810) – have a combined market capitalisation above $1.5 trillion and comprise a third of the value of the new index. Using historical prices, the HSTI would have been up by close to 50 per cent so far this year compared to just a 17 per cent gain for the Dow Jones US Technology Index.
Exchange traded funds (ETFs) to track the HSTI’s performance are now likely to emerge. As we begin to see a trickle away from the US, such ETFs would widen the options to gain exposure to Chinese tech stocks. With Muddy Waters notching another win against Luckin Coffee (US:LK), UK investors may well be nervous about looking to China. Although if you peruse the ideas farm this week, you’ll see that Alibaba and Tencent both feature in the list of fund manager’s top global tech favourites. Indeed, both are holdings of the Polar Capital Technology Trust (GB0004220025) which currently straddles both sides of the aforementioned ‘tech wall’.
Sticking to the tech theme, in this week’s tips section you will find Computacenter (CCC). With a surge in demand for IT equipment and services to enable remote working, analysts have turned more bullish on the company’s prospects, bumping up their earnings forecasts.
Meanwhile pharma giant Roche (CH:ROG) – another top fund manager pick – should also be able to capitalise on the current situation through its Covid-19 testing kits, complementing its wider portfolio of therapies and diagnostic tools. Elsewhere, retailer Topps Tiles (TPT) could experience a boost from the stamp duty cut, while Touchstone Exploration (TXP) has the potential to float higher as its Cascadura onshore gas project moves towards production.
Click here to view the tables in PDF form
| New 52-week highs | |||
| Name | TIDM | Price | % from high |
| JTC | JTC | 485p | 0.0% |
| Gresham House | GHE | 693p | 0.4% |
| Civitas Social | CSH | 114p | 0.5% |
| Clipper Logistics | CLG | 338p | 0.6% |
| Games Workshop Group | GAW | 9,375p | 0.8% |
| Octopus Renewables Infra | ORIT | 114p | 0.9% |
| Capital Gearing Trust Plc | CGT | 4,480p | 0.9% |
| BBGI | BBGI | 169p | 0.9% |
| Flutter Entertainment | FLTR | 11,630p | 1.1% |
| YouGov | YOU | 810p | 1.2% |
| Computacenter | CCC | 1,973p | 1.4% |
| Jubilee Metals Group | JLP | 5p | 1.5% |
| Sterling Energy | SEY | 12p | 1.6% |
| SEGRO | SGRO | 936p | 1.7% |
| SDCL Energy Efficiency | SEIT | 111p | 1.8% |
| IntegraFin Holdings | IHP | 545p | 1.8% |
| Cello Health | CLL | 162p | 1.8% |
| Croda International | CRDA | 5,800p | 1.9% |
| Capital | CAPD | 78p | 1.9% |
| CQS Natural Resources | CYN | 93p | 2.2% |
| Martin Currie Global Port | MNP | 326p | 2.2% |
| Schroder Asian Total | ATR | 384p | 2.3% |
| Centamin | CEY | 207p | 2.4% |
| Renewables Infrastructure | TRIG | 136p | 2.4% |
| Bunzl | BNZL | 2,245p | 2.6% |
| Reckitt Benckiser Group | RB | 7,800p | 2.6% |
| Witan Pacific Invt Tr | WPC | 368p | 2.6% |
| Spirax-Sarco Engineering | SPX | 10,500p | 2.6% |
| JPMorgan Global Core Real | JARA | 110p | 2.7% |
| JPMorgan Global Core Real | JARA | 110p | 2.7% |
| Baker Steel Res Trust | BSRT | 61p | 2.9% |
| HomeServe | HSV | 1,331p | 2.9% |
| JP Morgan Emerging Mkts | JMG | 1,058p | 2.9% |
| Smithson Investment Trust | SSON | 1,512p | 3.0% |
| Serco | SRP | 164p | 3.0% |
| LSE Group | LSE | 8,372p | 3.0% |
| Montanaro Europn Small Tr | MTE | 1,300p | 3.0% |
Source: FactSet, as at 30 Jul 2020
| New 52-week lows | |||
| Name | TIDM | Price | % from low |
| Severfield | SFR | 58p | 1.4% |
| Gresham Technologies | GHT | 104p | 1.4% |
| Real Estate Investors | RLE | 30p | 1.7% |
| HSBC Holdings | HSBA | 353p | 2.1% |
| STV Group | STVG | 220p | 2.3% |
| Rotala | ROL | 20p | 2.5% |
| Pittards | PTD | 39p | 2.6% |
| Advanced Medical Sol Grp | AMS | 200p | 2.7% |
| Fuller, Smith & Turner | FSTA | 500p | 2.8% |
| TOC Property Backed Lndng | PBLT | 86p | 2.9% |
Source: FactSet, as at 30 Jul 2020
| Shorts | |||
| Company | Short Interest | No. Shorters | 1wk chg in short interest |
| HAMMERSON PLC | 14.3% | 11 | 1.2% |
| Royal Mail Plc | 9.1% | 7 | -0.4% |
| METRO BANK PLC | 8.9% | 4 | -0.3% |
| PREMIER OIL PLC | 8.7% | 3 | 0.0% |
| CINEWORLD GROUP | 8.3% | 9 | 0.8% |
| TULLOW OIL PLC | 7.8% | 5 | -0.5% |
| PEARSON PLC | 6.0% | 5 | -0.7% |
| WEIR GROUP PLC/THE | 5.7% | 6 | 0.4% |
| SAINSBURY (J) PLC | 5.6% | 4 | 0.2% |
| DOMINO'S PIZZA GROUP PLC | 5.5% | 7 | 0.0% |
| BLUE PRISM GROUP PLC | 5.5% | 6 | 0.0% |
| PETROFAC LTD | 5.5% | 4 | 0.1% |
| GW PHARMACEUTICALS PLC | 5.2% | 4 | 0.0% |
| PETROPAVLOVSK PLC | 5.2% | 1 | 0.0% |
| FUTURE PLC | 5.0% | 3 | 0.0% |
| PETS AT HOME GROUP PLC | 4.9% | 2 | 0.0% |
| BABCOCK INTL GROUP PLC | 4.9% | 3 | 0.0% |
| IQE PLC | 4.8% | 3 | 0.0% |
| TUI AG | 4.4% | 5 | 0.5% |
| MITIE GROUP PLC | 4.2% | 1 | NEW |
| VODAFONE GROUP PLC | 4.0% | 4 | 0.0% |
| CRODA INTERNATIONAL PLC | 3.9% | 4 | -0.7% |
| SMITH (DAVID S) HOLDINGS PLC | 3.8% | 5 | 0.0% |
| DIGNITY PLC | 3.7% | 3 | 0.0% |
| CAPITA PLC | 3.7% | 5 | -0.1% |
| MICRO FOCUS INTERNATIONAL | 3.6% | 3 | 0.0% |
| WM MORRISON SUPERMARKETS | 3.5% | 3 | -0.4% |
| KEYWORDS STUDIOS PLC | 3.5% | 4 | 0.0% |
| ASCENTIAL PLC | 3.4% | 4 | -0.6% |
| A.G. Barr PLC | 3.3% | 3 | -0.1% |
| MARKS & SPENCER GROUP PLC | 3.2% | 2 | 0.0% |
| Primary Health Properties PLC | 3.1% | 4 | 0.0% |
| WOOD GROUP (JOHN) PLC | 3.1% | 5 | 0.0% |
| HURRICANE ENERGY PLC | 3.1% | 3 | NEW |
| AGGREKO PLC | 3.0% | 3 | 0.1% |
| ULTRA ELECTRONICS HLDGS PLC | 3.0% | 1 | 0.0% |
| GVC Holdings Plc | 3.0% | 4 | NEW |
| RESTAURANT GROUP PLC | 2.9% | 3 | -0.1% |
| ASHMORE GROUP PLC | 2.9% | 3 | 0.1% |
| VICTREX PLC | 2.8% | 3 | 0.0% |
| INTERCONTINENTAL HOTELS GROUP PLC | 2.8% | 2 | 0.1% |
| VALARIS PLC | 2.8% | 1 | 0.0% |
| HISCOX LTD | 2.6% | 2 | 0.0% |
| AUTO TRADER GROUP PLC | 2.6% | 4 | 0.0% |
| AA PLC | 2.5% | 2 | 0.0% |
Source: FCA, as at 30 July 2020
| Upgrades | ||||
| FWD EPS CHG | ||||
| Name | TIDM | 1mth | 3mth | 1yr |
| Yellow Cake | YCA | 3126.5% | 3117.6% | 4026% |
| ASOS | ASC | 536.5% | - | 37% |
| Draper Esprit | GROW | 218.4% | 76.4% | -20% |
| Beazley | BEZ | 114.1% | 13.2% | -80% |
| System1 Group | SYS1 | 105.3% | 105.3% | 27% |
| Totally | TLY | 96.7% | 96.7% | 105% |
| OnTheMarket | OTMP | 93.3% | - | - |
| United Oil & Gas | UOG | 76.8% | - | - |
| ZOO Digital Group | ZOO | 74.5% | - | -61% |
| Equals Group | EQLS | 74.0% | 42.9% | 0% |
| Atalaya Mining | ATYM | 64.8% | 103.0% | -24% |
| Wincanton | WIN | 64.5% | -39.9% | -40% |
| Panoply Holdings | TPX | 63.5% | 30.8% | 15% |
| Luceco Plc | LUCE | 62.7% | 163.5% | 18% |
| Hollywood Bowl Group | BOWL | 61.3% | -8.6% | -72% |
| CVS Group | CVSG | 57.6% | 21.4% | -15% |
| LoopUp Group | LOOP | 57.6% | 232.2% | 133% |
| RM | RM | 55.0% | -76.7% | -76% |
| EKF Diagnostics | EKF | 50.6% | 100.7% | 120% |
| Barclays | BARC | 50.3% | -58.0% | -91% |
| Tyman | TYMN | 47.1% | -15.9% | -32% |
| Numis | NUM | 45.8% | - | 38% |
| Blancco Technology Group | BLTG | 37.9% | 20.8% | 30% |
| Hays | HAS | 37.3% | 16.9% | -60% |
| ECO Animal Health Group | EAH | 35.1% | 39.6% | -57% |
| DWF Group | DWF | 34.6% | -25.9% | -1% |
| Antofagasta | ANTO | 34.6% | 116.7% | -47% |
| 3i Group Plc | III | 33.5% | - | -38% |
| Wey Education | WEY | 33.3% | 33.3% | - |
| Redcentric | RCN | 32.7% | 32.7% | 44% |
| Fresnillo | FRES | 31.6% | 41.7% | 32% |
| CMC Markets | CMCX | 31.2% | 7.2% | 320% |
| Manolete Partners | MANO | 30.9% | 38.8% | 31% |
| Up Global Sourcing Holdings | UPGS | 30.9% | -15.3% | -5% |
| Royal Dutch Shell | RDSA | 29.7% | -35.1% | -84% |
| Royal Dutch Shell | RDSB | 29.1% | -37.2% | -83% |
| ContourGlobal Plc | GLO | 28.6% | 11.7% | -35% |
| Next | NXT | 27.9% | -56.9% | -74% |
| Knight Group Holdings | KGH | 27.8% | 15.8% | 15% |
| Just Eat Takeaway.com | JET | 26.8% | 43.8% | - |
| Kingfisher | KGF | 24.8% | -0.7% | -9% |
| Jarvis Securities | JIM | 24.4% | 34.3% | 48% |
| Kainos Group | KNOS | 21.5% | 12.0% | 12% |
| TI Fluid Systems | TIFS | 21.3% | -58.0% | -90% |
| Robert Walters | RWA | 18.6% | 19.0% | -82% |
| Liontrust Asset Mgmt | LIO | 18.2% | 18.2% | 20% |
| Shearwater Group | SWG | 17.9% | 45.2% | - |
| Motorpoint Group | MOTR | 17.3% | 17.3% | 22% |
| Focusrite | TUNE | 16.9% | 24.2% | 49% |
| GVC Holdings | GVC | 16.5% | -2.2% | -18% |
| Helical | HLCL | 16.0% | -16.1% | -3% |
| G4S | GFS | 15.8% | 4.6% | -34% |
| Nucleus Financial Group | NUC | 14.8% | -6.3% | -28% |
| National Express Group | NEX | 14.1% | -70.2% | -81% |
| Rathbone Brothers | RAT | 13.7% | -8.2% | -24% |
| Associated British Foods | ABF | 13.4% | -6.5% | -45% |
| Centrica | CNA | 12.8% | -6.6% | -44% |
| IMI | IMI | 12.7% | 8.4% | -11% |
| Ergomed | ERGO | 12.3% | 14.6% | 102% |
| Connect Group | CNCT | 12.1% | 12.4% | -5% |
| Plus500 | PLUS | 11.8% | 11.4% | 134% |
| B&M European Value Retail | BME | 11.4% | 46.5% | 41% |
| Ariana Resources | AAU | 11.1% | 11.1% | -25% |
| Civitas Social | CSH | 11.0% | 10.4% | 3% |
| Brooks MacDonald Group | BRK | 10.9% | 13.1% | 3% |
| Renishaw | RSW | 10.3% | 15.4% | -56% |
| Serco | SRP | 9.6% | 12.5% | 29% |
| Impact Healthcare | IHR | 9.2% | 7.2% | - |
| Impax Asset Management Gp | IPX | 9.2% | 13.1% | 29% |
| Curtis Banks Group | CBP | 8.1% | 1.7% | -11% |
| Computacenter | CCC | 7.7% | 9.8% | 19% |
| Brewin Dolphin | BRW | 7.7% | 0.1% | -7% |
| Netcall | NET | 7.6% | 2.8% | 47% |
| Pan African Resources | PAF | 7.6% | 9.9% | 87% |
| Gear4music Holdings | G4M | 7.5% | 179.3% | 338% |
| M&G | MNG | 7.4% | 7.8% | - |
| Ferrexpo | FXPO | 7.1% | 22.6% | -55% |
| Persimmon | PSN | 6.8% | -6.4% | -31% |
| Chesnara | CSN | 6.7% | 6.7% | -15% |
| Morses Club | MCL | 6.7% | -2.5% | -19% |
| Grafton Group | GFTU | 6.4% | -43.6% | -61% |
| Record | REC | 6.2% | -25.9% | -4% |
| Urban Logistics REIT | SHED | 5.9% | -10.8% | -9% |
| CRH | CRH | 5.8% | -2.7% | -25% |
| St James's Place | STJ | 5.7% | 6.9% | 15% |
| Dunelm Group | DNLM | 5.6% | 0.0% | -16% |
| Begbies Traynor Group | BEG | 5.6% | 5.7% | 9% |
| Glencore | GLEN | 5.5% | -20.3% | -79% |
| AJ Bell | AJB | 5.5% | 6.6% | 16% |
| KAZ Minerals | KAZ | 5.3% | 20.0% | -17% |
| Tristel | TSTL | 5.1% | 5.1% | 19% |
| Empiric Student | ESP | 5.1% | -19.8% | -48% |
| Urban&Civic | UANC | 5.1% | 78.6% | -41% |
| Gamma Communications | GAMA | 4.6% | 4.5% | 33% |
| Applegreen | APGN | 4.5% | 4.5% | 24% |
| Drax Group | DRX | 4.5% | 3.6% | 14% |
| Sage Group | SGE | 4.5% | -2.6% | -11% |
| Electrocomponents | ECM | 4.5% | -22.7% | -29% |
| Ninety One Plc | N91 | 4.4% | -8.7% | - |
| Iofina | IOF | 4.2% | 145.5% | 57% |
| Schroders | SDR | 4.0% | 8.7% | -14% |
| Oxford Instruments | OXIG | 4.0% | -19.9% | -26% |
| Jupiter Fund Management | JUP | 3.9% | 10.0% | -27% |
| Idox | IDOX | 3.9% | -3.2% | 33% |
| Berkeley Group Holdings | BKG | 3.9% | -2.7% | -11% |
| Photo-Me | PHTM | 3.9% | 35.9% | -5% |
| Palace Capital | PCA | 3.8% | -18.8% | -25% |
| Playtech | PTEC | 3.6% | -26.3% | -65% |
| McBride | MCB | 3.5% | 20.0% | -11% |
| Quilter | QLT | 3.4% | 3.8% | -39% |
| Premier Miton Group | PMI | 3.4% | 10.8% | -22% |
| 888 | 888 | 3.3% | 28.0% | 3% |
| Volution Group | FAN | 3.3% | -4.0% | -27% |
| Bunzl | BNZL | 3.2% | 15.7% | -9% |
| RBG Holdings | RBGP | 3.2% | 3.2% | 26% |
| Future | FUTR | 3.2% | 3.6% | 55% |
| Ashtead Group | AHT | 3.1% | -34.2% | -41% |
| Euromoney Instl Investor | ERM | 3.1% | -30.5% | -51% |
| Rentokil Initial | RTO | 3.1% | 0.4% | -15% |
Source: FactSet, as at 29 July 2020
| Downgrades | ||||
| FWD EPS CHG | ||||
| Name | TIDM | 1mth | 3mth | 1yr |
| Syncona | SYNC | -99.8% | - | -100% |
| Mission Group | TMG | -96.0% | -96.0% | -96% |
| Arbuthnot Banking Group | ARBB | -94.3% | -94.4% | -93% |
| Hunting | HTG | -94.2% | -98.9% | -100% |
| Stagecoach Group | SGC | -88.4% | -88.9% | -91% |
| Melrose Industries | MRO | -86.2% | -91.9% | -96% |
| Senior | SNR | -84.8% | -85.9% | -96% |
| Halfords Group | HFD | -78.5% | -76.3% | -80% |
| JD Sports Fashion | JD | -63.8% | -63.9% | -62% |
| Jadestone Energy | JSE | -63.2% | - | -98% |
| Kenmare Resources | KMR | -60.3% | -65.6% | -81% |
| Mears Group | MER | -57.8% | -66.0% | -71% |
| Forterra Plc | FORT | -54.3% | -78.0% | -83% |
| HML | HMLH | -53.2% | - | -53% |
| Speedy Hire | SDY | -52.8% | -78.5% | -79% |
| Shanta Gold | SHG | -52.4% | -52.0% | -15% |
| Renewi Plc | RWI | -49.4% | -73.4% | -79% |
| Advanced Medical Sol Grp | AMS | -43.3% | -46.5% | -55% |
| 4Imprint Group | FOUR | -41.3% | -81.2% | -87% |
| PageGroup | PAGE | -40.0% | -54.0% | -87% |
| InterContinental Hotels Group | IHG | -39.3% | -65.5% | -78% |
| D4t4 Solutions | D4T4 | -39.2% | -39.2% | -52% |
| Countryside Properties | CSP | -37.8% | -53.8% | -57% |
| Intu Properties | INTU | -36.4% | -56.5% | -82% |
| Gattaca | GATC | -36.2% | -35.0% | - |
| Frenkel Topping Group | FEN | -35.7% | -35.7% | -31% |
| MJ Gleeson | GLE | -31.6% | -80.0% | -87% |
| IG Design Group | IGR | -31.6% | -34.3% | -35% |
| Polypipe Group | PLP | -31.5% | -51.2% | -59% |
| Lloyds Banking Group | LLOY | -30.6% | -62.2% | -86% |
| Picton Property Income | PCTN | -30.2% | -21.9% | -24% |
| Trifast | TRI | -28.9% | -28.5% | -49% |
| Bank of Georgia Group | BGEO | -28.8% | -28.9% | -50% |
| RPS Group | RPS | -28.7% | -28.4% | -57% |
| Crest Nicholson | CRST | -28.3% | -51.1% | -75% |
| Redrow | RDW | -26.8% | -32.9% | -49% |
| DS Smith | SMDS | -26.7% | -27.4% | -34% |
| St Modwen Properties | SMP | -26.7% | -50.3% | -41% |
| GB Group | GBG | -26.5% | -25.3% | -22% |
| Hochschild Mining | HOC | -25.7% | -45.4% | -55% |
| MITIE Group | MTO | -24.7% | -47.6% | -55% |
| Marshalls | MSLH | -23.9% | -37.6% | -48% |
| Serica Energy | SQZ | -23.6% | 32.5% | -76% |
| Serabi Gold | SRB | -23.4% | -20.4% | 110% |
| IG Group Holdings | IGG | -22.2% | -18.0% | 22% |
| Mediclinic International | MDC | -22.2% | -53.4% | -54% |
| Go-Ahead Group | GOG | -21.5% | -50.1% | -63% |
| McKay Securities | MCKS | -20.6% | - | -26% |
| TBC Bank Group | TBCG | -20.5% | -31.8% | -52% |
| Biffa Plc | BIFF | -20.2% | -85.0% | -86% |
| Vistry Group | VTY | -19.5% | -28.7% | -37% |
| Anexo Group | ANX | -18.0% | -18.9% | -8% |
| Calisen | CLSN | -17.6% | 3.1% | - |
| Signature Aviation | SIG | -17.1% | -41.4% | -69% |
| Savills | SVS | -17.0% | -44.2% | -39% |
| Midwich Group | MIDW | -16.9% | -14.4% | -19% |
| Vivo Energy | VVO | -16.7% | -52.2% | -58% |
| Ibstock | IBST | -16.6% | -56.5% | -71% |
| Instem | INS | -16.3% | 3.0% | -2% |
| Petropavlovsk | POG | -16.2% | 208.3% | 1658% |
| Breedon Grp | BREE | -15.9% | -61.2% | -62% |
| Ricardo | RCDO | -15.6% | -32.9% | -45% |
| Pennon Group | PNN | -14.9% | -35.1% | -39% |
| Taylor Wimpey | TW | -14.6% | -38.3% | -53% |
| Kier Group | KIE | -14.6% | -28.0% | -64% |
| Close Brothers Group | CBG | -14.1% | -33.5% | -48% |
| AEW UK REIT | AEWU | -13.9% | -9.0% | -9% |
| FRP Advisory Group | FRP | -13.8% | - | - |
| Abcam | ABC | -13.8% | -16.5% | -44% |
| Shaftesbury | SHB | -13.8% | -36.1% | -48% |
| Burberry Group | BRBY | -13.5% | -26.3% | -45% |
| Gem Diamonds | GEMD | -13.1% | -35.4% | -79% |
| SSE | SSE | -13.0% | -9.2% | -17% |
| SimplyBiz Group | SBIZ | -12.4% | -12.4% | -6% |
| Elementis | ELM | -12.2% | -24.4% | -55% |
| Zotefoams | ZTF | -11.5% | -11.0% | -41% |
| Bodycote | BOY | -11.5% | -15.5% | -49% |
| Burford Capital | BUR | -11.5% | -29.9% | -44% |
| Lancashire | LRE | -11.3% | -31.9% | -34% |
| Warehouse REIT | WHR | -11.0% | -10.9% | 14% |
| Frasers Group | FRAS | -10.7% | -27.4% | -25% |
| Informa | INF | -10.6% | -37.5% | -63% |
| Petrofac | PFC | -10.5% | -43.0% | -67% |
| Hummingbird Resources | HUM | -10.1% | - | -9% |
| IMImobile Plc | IMO | -10.1% | -10.1% | -19% |
| STV Group | STVG | -9.8% | -30.5% | -38% |
| Bushveld Minerals | BMN | -9.6% | -18.6% | -60% |
| Capital & Counties Props | CAPC | -9.6% | -65.5% | -62% |
| Meggitt | MGGT | -9.5% | -22.6% | -46% |
| Keywords Studios | KWS | -9.3% | -6.5% | -24% |
| Sylvania Platinum | SLP | -9.2% | -14.8% | 132% |
| Medica Group | MGP | -9.1% | -13.2% | -31% |
| Coats Group | COA | -8.9% | -47.6% | -72% |
| Vodafone Group | VOD | -8.8% | 4.8% | -11% |
| Pearson Plc | PSON | -8.7% | -16.1% | -49% |
| Clarkson | CKN | -8.7% | -8.7% | -17% |
| Man Group | EMG | -8.5% | -13.4% | -29% |
| Network International Holdings | NETW | -8.1% | -48.7% | -52% |
| Smith & Nephew | SN | -8.1% | -23.4% | -35% |
| Capita | CPI | -8.0% | -24.4% | -52% |
| Vitec Group | VTC | -7.7% | -68.1% | -87% |
| Clinigen Group | CLIN | -7.4% | -8.3% | 19% |
| Dixons Carphone | DC | -7.3% | -18.1% | -38% |
| Redde Northgate | REDD | -7.0% | -8.5% | -20% |
| Airtel Africa | AAF | -7.0% | -6.8% | - |
| Standard Life Aberdeen | SLA | -6.9% | -2.0% | -31% |
| Intermediate Capital Grp | ICP | -6.7% | -18.3% | -27% |
| discoverIE Group | DSCV | -6.6% | -20.2% | -26% |
| Porvair | PRV | -6.3% | -15.4% | -22% |
| Standard Chartered | STAN | -6.2% | -41.5% | -61% |
| National Grid | NG | -6.1% | -7.2% | -7% |
| Tesco | TSCO | -6.0% | -18.2% | -22% |
| Micro Focus International | MCRO | -6.0% | -6.4% | -33% |
| Marlowe | MRL | -6.0% | 3.3% | 6% |
| Avingtrans | AVG | -5.9% | -5.9% | 19% |
| Inspecs Group | SPEC | -5.8% | -73.5% | - |
| GCP Student Living | DIGS | -5.7% | -17.8% | -23% |
| Pets At Home | PETS | -5.7% | -30.9% | -23% |
| Smurfit Kappa Group | SKG | -5.7% | -6.6% | -32% |
| Craneware Plc | CRW | -5.6% | -7.1% | -11% |
| Paragon Banking Group | PAG | -5.6% | -15.3% | -35% |
| Ascential | ASCL | -5.5% | -43.2% | -77% |
| Moneysupermarket com Grp | MONY | -5.4% | -16.8% | -18% |
| UDG Healthcare | UDG | -5.2% | -12.7% | -14% |
| Johnson Matthey | JMAT | -5.2% | -27.3% | -39% |
| BHP Group | BHP | -5.0% | -1.2% | -7% |
| Victrex | VCT | -5.0% | -20.6% | -29% |
| Legal & General Group | LGEN | -5.0% | -7.2% | -13% |
| Bellway | BWY | -5.0% | -15.1% | -38% |
| Anglo American Plc | AAL | -4.9% | -6.8% | -45% |
| Halma | HLMA | -4.9% | -5.0% | -8% |
| Empyrean Energy | EME | -4.8% | - | - |
| Telit Communications | TCM | -4.8% | -3.9% | 167% |
| Water Intelligence | WATR | -4.8% | 1.4% | 8% |
| BATM Advanced Comm | BVC | -4.8% | 66.5% | 126% |
| Volex | VLX | -4.8% | -15.7% | 7% |
| Caledonia Mining | CMCL | -4.8% | 44.5% | 188% |
| Kape Technologies | KAPE | -4.8% | -4.6% | 97% |
| Griffin Mining | GFM | -4.8% | -50.3% | -57% |
| 600 Group | SIXH | -4.8% | -9.0% | -77% |
| Amiad Water Systems | AFS | -4.8% | - | - |
| MP Evans Group | MPE | -4.8% | -25.7% | 13% |
| BOKU | BOKU | -4.8% | 17.2% | 38% |
| MJ Hudson Group | MJH | -4.8% | 25.0% | - |
| RSA Insurance Group | RSA | -4.7% | -8.3% | -8% |
| YouGov | YOU | -4.7% | 0.0% | 17% |
| Avast | AVST | -4.5% | -4.2% | 5% |
| John Wood Group | WG | -4.5% | -12.7% | -53% |
| Direct Line Insurance Grp | DLG | -4.4% | -8.4% | -16% |
| PayPoint | PAY | -4.4% | -19.9% | -21% |
| AB Dynamics | ABDP | -4.3% | -8.3% | -5% |
| Strix Group | KETL | -4.3% | -5.7% | -4% |
| Virgin Money UK | VMUK | -4.3% | -38.3% | -82% |
| Chaarat Gold | CGH | -4.2% | - | -57% |
| HSBC Holdings | HSBA | -4.1% | -28.7% | -63% |
| Howden Joinery Group | HWDN | -3.9% | -39.8% | -44% |
| AstraZeneca | AZN | -3.8% | -2.5% | 10% |
| ITV | ITV | -3.8% | -9.8% | -36% |
| Rightmove | RMV | -3.6% | -20.1% | -41% |
| Nichols | NICL | -3.5% | -5.7% | -32% |
| Rank Group | RNK | -3.3% | -33.6% | -36% |
| Spirent Communications | SPT | -3.3% | -3.4% | 14% |
| Mondi | MNDI | -3.3% | -8.7% | -38% |
| Severn Trent | SVT | -3.2% | -21.8% | -22% |
| Steppe Cement | STCM | -3.2% | -59.3% | -61% |
| Fevertree Drinks | FEVR | -3.2% | -5.8% | -35% |
| Hikma Pharmaceuticals | HIK | -3.1% | -2.4% | 13% |
| Aggreko | AGK | -3.1% | -28.8% | -48% |
| Equiniti Group | EQN | -3.1% | -13.2% | -32% |
Source: FactSet, as at 29 July 2020
