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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Howden Joinery Group PLC | 863.5 | 6.3% |
| Persimmon PLC | 1,253.0 | 6.3% |
| Barratt Redrow PLC | 405.9 | 5.1% |
| Barclays PLC | 382.0 | 4.9% |
| Entain PLC | 824.0 | 4.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Rolls-Royce Holdings PLC | 1,102.5 | -2.8% |
| Fresnillo PLC | 2,080.0 | -1.6% |
| Polar Capital Technology Trust PLC | 433.0 | -1.6% |
| Melrose Industries PLC | 625.2 | -1.4% |
| Glencore PLC | 340.2 | -1.2% |
| Major World Indices | Price | % Chg | 1 Year, not sorted |
| UK 100 INDEX | 9,515 | 0.9% | 15.2% |
| DOW JONES INDUS. AVG | 46,590 | 0.7% | 9.6% |
| DAX INDEX | 24,151 | 0.7% | 24.6% |
| NIKKEI 225 | 48,622 | 1.4% | 27.5% |
| S&P/ASX 200 INDEX | 9,033 | 0.0% | 9.9% |
| Copper (Comex) | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 60.72 | 3.86% |
| Brent Crude (ICE) | USD/bbl. | 64.85 | 3.61% |
| Gold Spot | USD/t oz. | 4,116 | 0.4% |
| Copper (Comex) | USd/lb. | 503 | 0.6% |
Click graph to enlarge
The UK 100 is called to open +18 Points this morning at 9,533. The UK 100 index is set to consolidate yesterday’s rise of 0.9%, despite a weak handover from Wall Street. Encouraging inflation figures meant London’s top flight outperformed other European benchmarks, while the FTSE 250 index finished 1.5% higher.
U.S. equities fell on Wednesday as new developments out of Washington exacerbated concerns among investors about U.S.-China trade relations. Disappointing corporate earnings from companies including Texas Instruments and Netflix also weighed on the major averages. The Dow Jones Industrial Average closed lower by 334.33 points, or 0.71%, at 46,590.41. The S&P fell 0.53% to finish at 6,699.40, while the Nasdaq shed 0.93% to settle at 22,740.40. At session lows, the Dow was down more than 400 points, or about 1%, while the S&P 500 and the Nasdaq decreased 1.2% and 1.9%, respectively. Stocks remained under pressure after Treasury Secretary Scott Bessent confirmed that the White House is weighing curbs on exports to China made with U.S. software. Reuters had first reported the move Wednesday.
Most major Asian markets fell overnight, continuing a broader retreat seen on Wall Street. The Nikkei 225 in Japan saw a significant decline of 1.33%, while Chinese stocks also closed lower amid reports of potential new US trade curbs against China. The Hang Seng in Hong Kong ended with a small gain of 0.69%, and the CSI 300 in mainland China saw a slight increase of 0.17%.
Dunelm’s first-quarter revenue has exceeded estimates, but the home furnishings retailer has said that it expects profits to be “more heavily weighted towards the second half than last year.” This is due to the timing of investments and the “inflationary impacts” the company is facing, though Dunelm says its profit before tax for the full year 2026 remains in line with expectations. Overall, the Dunelm said that customers continue to respond well to its value proposition, and have been snapping up “warming textiles” such as rugs and throws ahead of winter.
Lloyds has revised its profitability guidance lower for the year owing to the provisions taken for the UK’s motor finance probe. It now expects a return on tangible equity for 2025 of 12%, trimmed from 13.5% previously. Without the provision on the motor finance investigation, it said its ROTE would be 14%. In total it has put aside £1.95 billion to cover compensation. The bank kept its net interest income guidance unchanged for the year and its lending margins and costs for the third quarter all met estimates.
LSE Group has raised its margin guidance for the year and committed to a new buyback as the data and exchanges group announced a partnership and investment in its Post Trade Solutions division. The group said that 11 leading banks have agreed to invest in the Post Trade arm and will take a 20% stake. In addition, LSE is buying a higher proportion of revenue surplus from the SwapClear clearing business from the same group of banks. In total, LSE Group will pay £1.15 billion for the change in terms. LSE said the deal will boost its margins on top of an increase to its profitability guidance anyway, as it said it saw good growth across the business in the third quarter. And the group also said it will buy back another £1 billion in shares on top of its existing buyback of the same amount.
Unilever reported underlying sales growth ahead of analyst expectations for the third quarter and reiterated its outlook for the rest of the year. Sales growth was particularly driven by its so-called Power Brands, (+4.4%), which includes brands such as Dove beauty products, Knorr stock cubes and Hellmann’s mayonnaise, and which contributed 78% of turnover. The consumer giant said it’s confident of implementing its delayed ice cream demerger this year and now sees lower restructuring costs, coming in at about 1.2% of revenue. It anticipates sales growth in the second half of the year growth coming in ahead of the first.
UK
Dunelm Group (DNLM)
Hunting (HTG)
InterContinental Hotels Group (IHG)
Inchcape (INCH)
Lloyds Banking Group (LLOY)
London Stock Exchange Group (LSEG)
RELX (REL)
Rentokil (RTO)
Unilever (ULVR)
Wickes Group (WIX)
Renishaw (RSW)
Antofagasta (ANTO)
AJ Bell (AJB)
Schroders (SDR)
St James’s Place (STJ)
US
Blackstone (BX) PMO
Keurig Dr Pepper Inc (KDP) E
Ford Motor Co (F) AMC
Intel Corp (INTC) AMC
Newmont Corp (NEM) AMC
UK
NatWest Group (NWG)
US
Procter & Gamble Co (PG) PMO
US Initial Jobless Claims
ECB’s Lane speech
EU Consumer Confidence
US Existing Home Sales Change
US New Home Sales Change
UK 100 companies going ex-dividend on 23rd October 2025:
BAE Systems
UK 250 companies going ex-dividend on 23rd October 2025:
PayPoint
Moonpig
Morgan Advance Materials
TBC Bank Group
Marshalls
JD Wetherspoon
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