Market News Feed
AI Daily 5 entries
LONDON MARKET CLOSE: FTSE 100 hits new high despite US shutdown worry
- FTSE 100 Performance:
- Ended Q3 with an all-time high, closing at 9,350.43 (+0.5%) on Tuesday, surpassing the previous record of 9,321.40 in August.
- Set a new intraday high of 9,363.57, rising 6.7% over the last three months.
- Other UK Indices:
- FTSE 250 closed 0.7% higher at 22,015.56.
- AIM All-Share ended up 0.4% at 783.17.
- Cboe UK 100 and 250 rose 0.5% and 0.9% respectively.
- Political and Economic Context:
- Keir Starmer emphasized fiscal responsibility at the Labour Party conference, pledging to fix public finances and invest in infrastructure.
- UK GDP grew by 0.3% in Q2 2025, slowing from 0.7% in Q1.
- US government shutdown looms due to stalled spending negotiations, threatening economic data releases and Fed decisions.
- Currency and Bond Markets:
- Pound rose to USD1.3443, euro dipped to USD1.1727, and yen strengthened to JPY147.98 per dollar.
- US 10-year Treasury yield fell to 4.12%, 30-year yield to 4.69%.
- Global Markets:
- European equities: CAC 40 (+0.1%), DAX 40 (+0.6%).
- US markets fell: Dow (-0.4%), S&P 500 (-0.2%), Nasdaq (-0.2%) on weak consumer confidence and shutdown fears.
- Commodities:
- Brent oil fell to USD65.99/barrel on Middle East peace hopes.
- Gold rose to USD3,836.50/ounce.
- Corporate Highlights:
- Rolls-Royce (+2.3%) on potential Boeing engine deal.
- Entain (-3.5%) on gambling tax hike concerns.
- BP (-2.0%) and Shell (-1.8%) on weak oil prices.
- PayPoint (+11%) on special dividend and Collect+ investment.
- Asos (-3.9%) on weak sales outlook.
- Upcoming Events:
- Wednesday: Manufacturing PMI readings, ADP jobs report (US), trading statements from Greggs and Topps Tiles (UK).
LONDON MARKET MIDDAY: FTSE 100 higher despite US shutdown fears
- London Stock Market:
- FTSE 100 up 0.1% at 9,307.85.
- FTSE 250 up 0.3% at 21,921.02.
- AIM All-Share up slightly at 780.25.
- Cboe UK indices also saw modest gains.
- European Equities:
- CAC 40 in Paris down 0.3%.
- DAX 40 in Frankfurt up 0.1%.
- US Government Shutdown Threat:
- Investors concerned about impact on government data releases, particularly Friday's jobs report.
- President Trump met with congressional leaders to revive spending negotiations.
- Shutdown would halt non-essential operations, affect civil servants, and disrupt social safety net benefits.
- Currency Movements:
- Sterling slightly up at USD1.3442.
- Euro up at USD1.1746.
- Dollar lower against the yen at JPY148.02.
- US Stock Futures:
- Dow Jones, S&P 500, and Nasdaq called lower.
- Bond Yields:
- 10-year US Treasury yield unchanged at 4.14%.
- 30-year yield slightly up to 4.72%.
- Top Movers in London:
- Airtel Africa up 2.8% after Citigroup raised price target.
- Rentokil Initial up 2.3% after selling Workwear business for EUR410 million.
- PayPoint surged 9.7% on FTSE 250; announced special dividend and investment in Collect+ by Royal Mail owner.
- Close Brothers down 2.9% due to restructuring and motor finance litigation uncertainty.
- AIM Market:
- Verici Dx up 34% despite widened pretax loss; CEO highlighted de-risking and commercialization milestones.
- Tissue Regenix down 40% due to revenue decline and widened pretax loss; expects long-term improvement.
- Commodities:
- Gold lower at USD3,813.50 per ounce.
- Brent oil down at USD66.53 per barrel.
- Upcoming Economic Data:
- German inflation, Chicago PMI, and US house price data expected later Tuesday.
LONDON BROKER RATINGS: Stifel raises 3i Infrastructure to 'buy'
Here is the provided text formatted as bullet points in HTML:
html
- 30th Sep 2025 10:06
- The following London-listed shares received analyst recommendations Tuesday morning and on Monday:
- FTSE 100
- Jefferies cuts Unilever price target to 3,800 (3,900) pence - 'underperform'
- Citigroup cuts London Stock Exchange price target to 12,700 (13,200) pence - 'buy'
- Citigroup raises Airtel Africa price target to 236 (160) pence - 'neutral'
- Barclays raises Coca-Cola HBC price target to 4,600 (4,500) pence - 'overweight'
- Goldman Sachs raises Rio Tinto price target to 6,700 (6,500) pence - 'buy'
- Goldman Sachs cuts Sage price target to 1,400 (1,410) pence - 'neutral'
- UBS raises Rolls-Royce price target to 1,350 (1,310) pence - 'buy'
- FTSE 250
- Stifel raises 3i Infrastructure to 'buy' (hold)
- Berenberg raises Genuit price target to 540 (525) pence - 'buy'
- Jefferies raises Genuit price target to 521 (508) pence - 'buy'
- Berenberg cuts Pets At Home price target to 220 (245) pence - 'hold'
- Goldman Sachs raises Supermarket Income REIT target to 82 (80) pence - 'neutral'
- SMALL CAP
- Berenberg cuts Yellow Cake price target to 676 (682) pence - 'buy'
- Goldman Sachs cuts BHP price target to 2,200 (2,300) pence - 'neutral'
- Citigroup raises Seplat Energy price target to 415 (325) pence - 'buy'
- Related Shares:
LONDON MARKET OPEN: Stocks fall amid busy day for earnings
- London Stock Market:
- FTSE 100 opened down 0.3% at 9,269.20.
- FTSE 250 down 0.2% at 21,816.66.
- AIM All-Share down 0.1% at 779.76.
- Cboe UK indices mixed: UK 100 down 0.4%, UK 250 down 0.1%, Small Companies up 0.1%.
- European Equities:
- CAC 40 (Paris) down 0.5%.
- DAX 40 (Frankfurt) down 0.2%.
- UK GDP:
- Q2 2025 growth confirmed at 0.3%, down from 0.7% in Q1.
- Driven by 0.4% growth in services and 1.0% in construction; production sector fell 0.8%.
- Real household disposable income per head up 0.2% in Q2.
- Currency Markets:
- Sterling slightly up at USD1.3445.
- Euro up at USD1.1740.
- Dollar lower against yen at JPY148.06.
- Asian Markets:
- Nikkei 225 (Tokyo) down 0.3%.
- Shanghai Composite up 0.5%.
- Hang Seng (Hong Kong) up 1.0%.
- S&P/ASX 200 (Sydney) down 0.2%.
- US Markets (Monday Close):
- Dow Jones up 0.2%.
- S&P 500 up 0.3%.
- Nasdaq Composite up 0.5%.
- Bond Yields:
- 10-year US Treasury yield down to 4.13%.
- 30-year US Treasury yield unchanged at 4.71%.
- Corporate Highlights:
- Airtel Africa: Up 2.2% after Citigroup raised price target to 236p.
- Legal & General: Down 1.2%; CFO change announced.
- PayPoint: Up 8.5%; acquiring 49% stake in Collect+ for GBP43.9 million; special dividend announced.
- Close Brothers: Down 7.3%; reported pretax loss of GBP122.4 million; no dividend declared.
- Uru Metals: Up 35%; net loss narrowed to USD832,000.
- Tissue Regenix: Down 20%; revenue fell 6.1% to GBP13.8 million.
- Commodities:
- Gold up at USD3,845.50/ounce.
- Brent oil down at USD66.35/barrel.
- Upcoming Economic Data:
- German inflation, Chicago PMI, and US house price data.
LONDON MARKET EARLY CALL: FTSE 100 set to edge lower ahead of GDP data
Market and Economic Summary - 30th Sep 2025 06:59
- London Stocks: Set to open slightly lower, with FTSE 100 futures down 0.1% at 9,289.74, ahead of UK GDP data.
- Currency Movements: Sterling at USD1.3438, euro at USD1.1734, and dollar lower against the yen at JPY148.25.
- US Treasury Yields: 10-year yield unchanged at 4.14%, 30-year yield steady at 4.71%.
- Gaza Peace Plan: President Trump unveiled a 20-point plan, including ceasefire, Hamas disarmament, and Israeli withdrawal, with cautious backing from Netanyahu.
- Tariff Updates: New global tariffs on lumber imports effective October 14, with exemptions for pharmaceuticals from the EU.
- UK Inflation: Shop price inflation accelerated to 1.4% in September, driven by non-food prices; food inflation unchanged at 4.2%.
- Wall Street: Ended higher on Monday, with Dow up 0.2%, S&P 500 up 0.3%, and Nasdaq up 0.5%.
- US Government Shutdown: Threat remains, potentially delaying economic data releases and impacting Fed outlook.
- Asian Markets: Nikkei up 0.1%, Shanghai Composite up 0.5%, Hang Seng up 0.2%, S&P/ASX 200 down 0.2%.
- Commodities: Gold higher at USD3,867.10/oz, Brent oil lower at USD66.74/barrel, with crude oil sentiment weighed by OPEC supply increase reports.
- Economic Calendar: UK GDP figures, inflation data from Germany, France, and Italy, Chicago PMI, and US house price data due Tuesday.
- UK Corporate Calendar: Full-year results from Close Brothers, half-year results from Card Factory and AG Barr.
All Market News Today 748 headlines
ETL
16:41
Eutelsat Group
IGET
15:38
Invesco Perpetual Select Trust plc - Global Equity Income Share Portfolio
SPI
14:11
Spire Healthcare Group Plc
ALPH
14:05
Alpha Group International plc
SPT
14:00
Spirent Communications plc
CCL
12:31
Carnival PLC
FOG
06:21
Falcon Oil & Gas Ltd.
IRSH
06:17
IRSH
MCT
06:01
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC
NBPE
06:01
NB Private Equity Partners Ltd
AI 0 headlines
Acquisitions 8 headlines
Agreement 2 headlines
Approvals 1 headlines
Authorisation 0 headlines
Awards 1 headlines
BTC 0 headlines
Blockchain 0 headlines
Breakthrough 0 headlines
BuyBack 0 headlines
Cancellations 0 headlines
CashOffer 0 headlines
Collaborate 0 headlines
ContractWin 0 headlines
Covid-19 0 headlines
Deals 0 headlines
Diamond 0 headlines
DirectorDealing 25 headlines
Discovery 0 headlines
Exceeded 0 headlines
FCA 0 headlines
FDA 0 headlines
Grants 0 headlines
InvestmentPlan 0 headlines
JV 0 headlines
Launch 2 headlines
Litigation 0 headlines
NewContract 1 headlines
Offers 2 headlines
Offtake 0 headlines
Orders 0 headlines
Partner 0 headlines
Patents 0 headlines
Placing 5 headlines
Positive 0 headlines
Proposals 1 headlines
MCT
06:01
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC