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 |
| Next PLC | 14,580.0 | 8.8% |
| GSK PLC | 1,752.0 | 6.6% |
| Glencore PLC | 371.3 | 5.6% |
| Fresnillo PLC | 2,256.0 | 5.0% |
| Beazley PLC | 933.5 | 3.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Relx PLC | 3,396.0 | -2.9% |
| Rightmove PLC | 666.2 | -2.7% |
| The Sage Group PLC | 1,144.0 | -2.6% |
| Rentokil Initial PLC | 420.6 | -2.6% |
| Compass Group PLC | 2,536.0 | -2.4% |
| Major World Indices | Price | % Chg | 1 Year, not sorted |
| UK 100 INDEX | 9,756 | 0.6% | 19.6% |
| DOW JONES INDUS. AVG | 47,632 | 0.2% | 13.0% |
| DAX INDEX | 24,124 | 0.6% | 25.3% |
| NIKKEI 225 | 51,326 | 0.0% | 30.7% |
| S&P/ASX 200 INDEX | 8,886 | 0.5% | 8.6% |
| Copper (Comex) | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 59.95 | 0.88% |
| Brent Crude (ICE) | USD/bbl. | ||
| Gold Spot | USD/t oz. | 3,959 | 0.8% |
| Copper (Comex) | USd/lb. |
Click graph to enlarge
The UK 100 is called to open -16 points at 9740. The UK 100 is called to open slightly lower this morning, this follows a “hawkish” interest rate cut by the US Federal Reserve on Wednesday, which tempered expectations for further reductions. Investors are now looking toward the European Central Bank’s expected decision to hold interest rates later today.
The Dow Jones staged a rapid reversal on Wednesday, touching a record high earlier in the session before rolling over after Federal Reserve Chair Jerome Powell indicated that the central bank might not cut interest rates again in 2025. The blue-chip index closed down 74.37 points, or 0.2%, to 47,632.00, while the S&P ended a handful of points lower to 6,890.59. The Nasdaq outperformed, rising 0.55% to a fresh record close of 23,958.47, propped up by a rise in Nvidia. The Dow was up as much as 334 points, touching a new all-time high at one point before turning lower.
Most Asian markets closed lower overnight with Chinese and Hong Kong indices shedding early gains due to cautious remarks from the US Federal Reserve and a mixed outcome from a US-China trade meeting. South Korea’s KOSPI index, however, broke record highs supported by a new trade deal and strong corporate earnings. The Japanese Nikkei 225 was mixed in choppy trading following the Bank of Japan’s decision to hold interest rates steady.
Haleon reported third-quarter organic revenue growth marginally above market estimates on Thursday, helped by strong demand for its oral health products. Slowing consumer spending in the U.S., Haleon’s biggest market, coupled with broader economic uncertainty, the ongoing U.S. government shutdown and rising competition, had weighed on demand for the company’s seasonal and discretionary brands. “EMEA & LatAm performed well, and we continued to grow market share in North America despite a challenging consumer environment,” CEO Brian McNamara said in a statement. The Sensodyne toothpaste maker reported an organic revenue growth of 3.4% for the three months ended September 30, compared with analysts’ estimate of 3.3%, per a company-compiled poll. Haleon, which also makes Advil painkillers and Centrum multi-vitamins, maintained its outlook for 2025.
Prudential’s third-quarter sales rose on strong growth in key markets, including mainland China, Hong Kong and some Southeast Asian regions. The insurance and investment business said Thursday that annual premium equivalent sales, a key industry metric, were up 10% on year to $1.72 billion. “Growth was broad-based, with nine out of 13 markets improving new business profit in Q3 when compared with the same period last year,” Prudential PLC Chief Executive Anil Wadhwani said. New business profit rose 13% to $705.0 million, which it attributed to its multimarket, multichannel strategy.
Shell on Thursday reported a significant drop in third-quarter profit on weaker crude prices. Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of $5.05 billion, according to an LSEG-compiled consensus. A separate, company-provided analyst forecast had put Shell’s expected third-quarter profit at $5.09 billion.
Standard Chartered on Thursday said it expects to reach its guided return on tangible equity already in 2025 instead of by 2026, as it reported profit and non-net interest growth. The London-based, Asia and Africa-focused lender said pretax profit climbed 9.9% to $1.99 billion in the third quarter of 2025, from $1.81 billion a year ago. Underlying net interest income fell 1.2% to $2.74 billion from $2.77 billion. This was due to lower interest rates and margin compression, however pass-through rates remain actively managed, the firm said. Underlying non-net interest income rose 13% to $2.41 billion from $2.14 billion, with Standard Chartered citing a “strong” performance in Wealth Solutions and Global Banking. This brings underlying operating income to $5.15 billion, up 5.0% from $4.90 billion a year ago. In Wealth Solutions, the firm hailed a “record quarter” with income up 27%, boosted by performance in investment products. Meanwhile, Global Banking was up 23% amid higher origination and distribution volumes and increased capital markets activity.
UK
Haleon (HLN)
PPHE Hotel Group (PPH)
Shell (SHEL)
Standard Chartered (STAN)
US
Bristol-Myers Squibb Co (BMY) PMO
Eli Lilly and Co (LLY) PMO
The Estee Lauder Companies (EL) PMO
Mastercard Inc (MA) PMO
Merck & Co Inc (MRK) PMO
Takeda Pharmaceutical Co Ltd (TAK) PMO
Willis Towers Watson (WTW) PMO
Amazon.com Inc (AMZN) AMC
Apple Inc (AAPL) AMC
Coinbase Global Inc (COIN) AMC
Gilead Sciences Inc (GILD) AMC
Illumina Inc (ILMN) AMC
Riot Platforms Inc (RIOT) AMC
Strategy Inc (MSTR) AMC
Twilio Inc (TWLO) AMC
UK
None
US
AbbVie Inc (ABBV) PMO
Aon Plc (AON) PMO
Chevron Corp (CVX) PMO
Exxon Mobil Corp (XOM) PMO
German Unemployment
German Gross Domestic Product
EU Business Climate
EU Consumer Confidence
EU Economic Sentiment Indicator
EU Gross Domestic Product
EU Unemployment Rate
US Core Personal Consumption Expenditures
US Gross Domestic Product
US Initial Jobless Claims
German Consumer Price Index
ECB Main Refinancing Operations Rate
ECB Monetary Policy Statement
ECB Rate On Deposit Facility
ECB Press Conference
UK 100 companies going ex-dividend on 30th October 2025:
Whitbread
JD Sports Fashion
UK 250 companies going ex-dividend on 30th October 2025:
Dunelm Group
Kier Group
Renishaw
Hilton Food Group
Balfour Beatty
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.