This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Antofagasta PLC | 2,642.0 | 9.3% |
| Anglo American PLC | 2,671.0 | 4.7% |
| Babcock International Group PLC | 1,230.0 | 4.3% |
| Glencore PLC | 330.3 | 3.0% |
| BAE Systems PLC | 1,993.5 | 2.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ashtead Group PLC | 5,104.0 | -2.3% |
| IMI PLC | 2,250.0 | -2.0% |
| Convatec Group PLC | 234.4 | -1.8% |
| Fresnillo PLC | 2,302.0 | -1.8% |
| Burberry Group PLC | 1,123.5 | -1.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 9,250 | 0.3% | 11.9% |
| DOW JONES INDUS. AVG | 46,121 | 0.4% | 10.0% |
| DAX INDEX | 23,667 | 0.2% | 25.1% |
| NIKKEI 225 | 45,755 | 0.3% | 20.8% |
| S&P/ASX 200 INDEX | 8,773 | 0.1% | 8.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 64.76 | -0.35% |
| Brent Crude (ICE) | USD/bbl. | 69.12 | -0.27% |
| Gold Spot | USD/t oz. | 3,741 | 0.1% |
| Copper (Comex) | USd/lb. | 488 | 1.3% |
Click graph to enlarge
The UK 100 is called to open -19 points this morning at 9,231. The UK 100 index last night closed 0.3% higher at 9250.43, having been as low as 9177.09 earlier in the session. A surge for copper-focused stocks including Anglo American drove the turnaround, although London’s top flight is seen slightly lower at today’s opening bell.
Stateside yesterday saw the S&P fall as artificial intelligence giants Nvidia and Oracle came under pressure for a second day. The broad market index dropped 0.28% to end at 6,637.97, while the Nasdaq pulled back 0.34% to settle at 22,497.86. The Dow Jones declined 171.50 points, or 0.37%, to finish at 46,121.28. Nvidia slid almost 1%, continuing its declines from Tuesday as heightened fears about the potentially circular nature of the AI industry drew investor scepticism. Earlier this week, the chipmaker announced a $100 billion partnership with OpenAI. Fellow leading AI player Oracle also fell for a second straight day, losing nearly 2% Wednesday. The Nasdaq’s losses for the day were narrowed heading into the close as Intel surged more than 6% after Bloomberg, citing people familiar with the matter, reported that the chipmaker is seeking an investment from Apple. That comes just days after Nvidia said it would invest $5 billion in the company.
Asia markets are mixed, with the Nikkei 225 up 0.2% and the Hang Seng index near its opening mark.
Babcock International says trading in the first five months of its financial year has been “encouraging”, with organic revenue growth and underlying operating margin progress in line with board expectations. The defence contractor is keeping guidance for the full year unchanged, having upgraded it medium-term outlook in June. Strong growth in its Nuclear division, driven by civil nuclear projects and submarine support contracts, and the Aviation wing, as a result of the ramp-up of the French Mentor 2 pilot training contract, as well as ongoing growth in Marine was partly offset by lower revenue in Land, due to lower activity in the rail business. The £200 million share buyback announced at results in June is around 25% complete, it added, with the programme set to be wrapped up by the end of the financial year.
Co-op today posted a half-year loss after the retailer revealed a £206 million hit to revenues following this summer’s cyber attack. The group’s bottom-line loss of £50 million for the six months to 5 July compared with a profit of £58 million a year earlier. The deficit includes £20 million of one-off costs in relation to the cyber attack, as well as an estimated underlying margin impact of £60 million.
UK
None
US
Accenture (ACN) PMO
Costco Wholesale (COST) AMC
UK
Ceres Power (CRW)
US
None
German GfK Consumer Confidence Survey
Fed’s Goolsbee speech
US Core Personal Consumption Expenditures
US Durable Goods Orders
US Gross Domestic Product Annualized
US Initial Jobless Claims
Fed’s Williams speech
Fed’s Daly speech
UK 100 companies going ex-dividend on 25th September 2025:
Phoenix Group Holdings
Endeavour Mining
Rightmove
UK 250 companies going ex-dividend on 25th September 2025:
Pollen Street Group
Alfa Financial Software Holdings
Lion Finance Group
Drax Group
Computacenter
HgCapital Trust
JTC
Harworth Group
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.
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.