The FTSE 350 managed to make a 2pc increase last week, meaning more Telegraph Fantasy Fund Manager portfolios will be in the green compared to last week’s downturn. Luxury car manufacturer Aston Martin Lagonda and silver & gold specialist Hochschild Mining were among the top performers, with online retailer AO World struggling along with Dixons Carphone. This week we will get half year results from Unilever and a quarterly-update from Vodafone.
Unilever first-half results: Thursday 23 July
Despite the relative defensive nature of its business, Unilever’s shares are down year-on-year. This is partly down to a weak end, by Unilever’s high standards at least, to 2019. Back in December the company dished out a mild profit warning, noting that sales for the year would come in below guidance. Underlying revenues ultimately rose 2.9pc year-on-year, below the company’s long-term target range of 3pc