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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Games Workshop Group PLC | 18,260.0 | 13.5% |
| Halma PLC | 3,618.0 | 9.2% |
| Airtel Africa PLC | 305.6 | 3.4% |
| Diploma PLC | 5,320.0 | 2.1% |
| Polar Capital Technology Trust PLC | 457.0 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| WPP PLC | 299.4 | -4.5% |
| JD Sports Fashion PLC | 77.3 | -3.9% |
| Fresnillo PLC | 2,338.0 | -3.0% |
| Vodafone Group PLC | 89.8 | -2.1% |
| DCC PLC | 4,850.0 | -1.9% |
| Major World Indices | Price | % Chg | 1 Year, not sorted |
| UK 100 INDEX | 9,528 | 0.2% | 16.9% |
| DOW JONES INDUS. AVG | 45,752 | 0.8% | 4.3% |
| DAX INDEX | 23,279 | 0.5% | 21.6% |
| NIKKEI 225 | 48,626 | 2.4% | 27.9% |
| S&P/ASX 200 INDEX | 8,417 | 1.6% | 1.1% |
| Commodity | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 57.96 | 1.78% |
| Brent Crude (ICE) | USD/bbl. | 62.42 | 1.55% |
| Gold Spot | USD/t oz. | 4,031 | 1.1% |
| Copper (Comex) | USd/lb. | 503 | 0.4% |
Click graph to enlarge
The UK 100 is called to open -90 points at 9437. The UK 100 is expected to open sharply lower by 95.7 points, or 1.0%, at 9,431.95 on Friday, November 21, 2025. The forecast is a response to a sharp overnight decline in New York markets, driven by concerns in the technology sector.
Stocks fell on Thursday, as a market-wide rally sparked by blockbuster Nvidia results and guidance gave up steam and as investors lost hope that the Federal Reserve would cut rates again in December. The Dow Jones fell 386.51 points, or 0.84%, to settle at 45,752.26, after rallying more than 700 points at session highs. The S&P shed 1.56% to end the day at 6,538.76, despite rising as much as 1.9% earlier in the day. The Nasdaq fell 2.16% to finish at 22,078.05, down from a 2.6% advance at one point in the session.
Nvidia’s reversal dragged the broader market down. Shares had gained as much as 5% after the chipmaker released better-than-expected quarterly results and an upbeat fourth-quarter sales forecast. However, the stock ultimately closed down 3%, despite CEO Jensen Huang’s reassurances that demand for its current-generation Blackwell chips are “off the charts.” He also rejected the idea of an AI bubble. But concerns about AI stock valuations returned, with investors also pondering the impact on the sector if the Fed doesn’t lower interest rates further. Oracle and AMD were among the first AI plays to fall into the red on the session, followed by Nvidia.
In Asia overnight, markets somewhat mirrored their American counterparts, the Nikkei 225 index Japan Closed down 2.33%, at 48,660.75, the Hang Seng Index in Hong Kong closed down 2.03%, at 25,311.38. in China the SSE Composite Closed down 2.45%, at 3,834.749.
Babcock International kept its full-year guidance unchanged on Friday, saying it still expects to deliver an underlying operating margin of 8% this year and is on track for its medium-term goals of mid-single digit revenue growth and margins of at least 9%. The reassurance came after a strong first half to 30 September 2025. Revenue rose 7% on an organic basis to £2.54 billion, with Nuclear the standout performer. Underlying operating profit increased 19% to £201.1 million, lifting the underlying margin from 7.0% to 7.9%, with every division contributing. Cash generation was robust. Underlying free cash flow jumped to £140.6 million from £94.7 million, helped by an 83% cash conversion rate and lower pension deficit payments. Net debt excluding leases fell to £55.8 million, giving very low gearing at 0.2 times EBITDA, a comfort point for investors in a project-heavy business. The interim dividend has been raised 25% to 2.5p a share, and Babcock has so far completed £49 million of its £200 million share buyback, which it still expects to finish by year-end.
UK
ASOS (ASC)
Babcock (BAB)
US
Alibaba Group Holding Ltd ADR (BABA) PMO
UK
US
UK GfK Consumer Confidence
UK Retail Sales
ECB’s De Guindos speech
German HCOB PMI
ECB’s President Lagarde speech
EU HCOB PMI
UK S&P Global PMI
ECB’s De Guindos speech
Fed’s Williams speech
ECB’s Nagel speech
Fed’s Barr speech
Fed’s Jefferson speech
US S&P Global PMI
Michigan Consumer Expectations Index
Michigan Consumer Sentiment Index
UoM 1-year Consumer Inflation Expectations
UoM 5-year Consumer Inflation Expectations
UK 100 companies going ex-dividend on 27th November 2025:
Imperial Brands
Alliance Whitan
Marks and Spencer Group
International Consolidated Airlines Group
3i Group
Land Securities Group
Severn Trent
LondonMetric Property
UK 250 companies going ex-dividend on 27th November 2025:
Hill & Smith
Oxford Instruments
FirstGroup
HICL Infrastructure
Ithaca Energy
Great Portland Estates
Johnson Matthey
PayPoint
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