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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rio Tinto PLC | 4,896.0 | 3.1% |
| Beazley PLC | 866.3 | 2.1% |
| 3I Group PLC | 3,947.0 | 2.0% |
| Entain PLC | 888.4 | 1.7% |
| Halma PLC | 3,390.6 | 1.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Convatec Group PLC | 221.2 | -5.6% |
| Phoenix Group Holdings PLC | 623.0 | -5.4% |
| Astrazeneca PLC | 10,956.0 | -2.3% |
| Barclays PLC | 376.4 | -2.3% |
| DCC PLC | 4,714.0 | -2.2% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 9,214 | 0.4% | 11.4% |
| DOW JONES INDUS. AVG | 46,057 | 0.1% | 9.6% |
| DAX INDEX | 23,535 | 0.6% | 24.4% |
| NIKKEI 225 | 45,755 | 0.3% | 17.5% |
| S&P/ASX 200 INDEX | 8,773 | 0.1% | 8.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 64.90 | -0.14% |
| Brent Crude (ICE) | USD/bbl. | 69.26 | -0.07% |
| Gold Spot | USD/t oz. | 3,734 | -0.1% |
| Copper (Comex) | USd/lb. | 477 | -0.8% |
Click graph to enlarge
The UK 100 is called to open +14 points this morning at 9,227. The UK 100 looks set to open higher this morning, following a stronger-than-expected US GDP reading on Thursday and ahead of US personal consumption expenditures figures later in the day.
Overnight US President Donald Trump has announced new tariffs on pharmaceuticals, heavy trucks, home renovation fixtures and furniture. Starting October 1, the US will impose a 100% tariff on branded or patented pharmaceutical products manufactured outside the US.
All three major U.S. indexes ended Thursday in the red, bogged down by a further pullback in Oracle, as well as a jump in rates. The S&P closed down 0.50% at 6,604.72, as did the, which settled at 22,384.70. The Dow Jones shed 173.96 points, or 0.38%, to finish at 45,947.32. Oracle slid 5%, putting the stock on track to post a third straight day of losses, as questions over the state of the artificial intelligence trade lingered. The market action appears to be reflecting concerns about record-high valuations and potentially risky circular relationships in the AI industry after some recent deals.
In Asia on Friday, the Nikkei 225 index in Tokyo slipped 0.6%. In China, the Shanghai Composite was down 0.2%, while the Hang Seng index in Hong Kong was 0.5% lower. The S&P/ASX 200 in Sydney improved marginally.
Ceres Power announced its interim results for the six months ended 30 June 2025, highlighting a strong balance sheet with cash and short-term investments of £104.1 million. Despite a 26% decrease in revenue to £21.1 million due to prior one-off license revenue, the company maintained a gross margin of 79%. Key commercial developments include the start of mass production by partner Doosan using Ceres’ solid oxide fuel cell technology, and the launch of Shell’s electrolyser in Bangalore. Delta has also invested significantly in manufacturing facilities for hydrogen energy solutions. Ceres is undergoing a business transformation to shift from an R&D focus to a commercial production phase, driven by growing demand for power solutions in AI data centres and electrification.
UK
Ceres Power (CRW)
US
None
UK
Carnival (CCL)
US
None
US Core Personal Consumption Expenditures – Price Index
US Personal Income
US Personal Spending
Fed’s Barkin speech
Michigan Consumer Expectations Index
UoM Consumer Inflation Expectations
UK 100 companies going ex-dividend on 2nd October 2025:
British American Tobacco
Weir Group
Smith & Nephew
F&C Investment Trust
UK 250 companies going ex-dividend on 2nd October 2025:
Kainos Group
Pantheon Infastructure
TP ICAP Group
Petershill Partners
Wickes Group
Hunting
Breedon Group
Morgan Sindall Group
Johnson Service Group
Bodycote
RIT Capital Partners
Law Debenture Group
Travis Perkins
Spectris
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