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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BAE Systems | 2,088.0 | 2.3% |
| NatWest Group | 652.8 | 2.2% |
| Smiths Group | 2,612.0 | 2.0% |
| Schroders | 467.0 | 1.9% |
| National Grid | 1,201.5 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Pearson | 939.0 | -4.1% |
| Entain | 703.0 | -3.3% |
| Next | 13,760.0 | -2.9% |
| Antofagasta | 3,560.0 | -2.9% |
| Endeavour Mining | 3,996.0 | -2.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 10,235 | 0.0% | 20.3% |
| DOW JONES INDUS. AVG | 49,359 | 0.2% | 13.5% |
| DAX INDEX | 25,297 | 0.2% | 21.0% |
| NIKKEI 225 | 53,584 | 0.7% | 39.4% |
| S&P/ASX 200 INDEX | 8,875 | 0.3% | 6.8% |
| Commodity | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 59.08 | 0.61% |
| Brent Crude (ICE) | USD/bbl. | 63.84 | 0.41% |
| Gold Spot | USD/t oz. | 4,664 | 1.5% |
| Copper (Comex) | USd/lb. | 586 | 0.5% |
Click graph to enlarge
The UK 100 is called to open -55 points at 10,180. The UK market is set to open lower today, with futures indicating around a 0.3–0.4% decline, mirroring broader European weakness.
US markets are closed today for the Martin Luther King Jr. holiday, so price action is being driven entirely by futures and by developments across Europe and Asia.
Markets started the week on a cautious footing after President Trump reignited global trade tensions over the weekend. The White House threatened additional tariffs on eight European nations – Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and the UK – unless the US is allowed to acquire Greenland. The proposal includes a 10% tariff from February 1, rising to 25% from June 1 if no agreement is reached. European leaders reacted angrily, calling the threat “blackmail,” with France urging the EU to activate its anti-coercion trade measures. This escalation has revived memories of last year’s tariff volatility and pushed investors back toward safe havens. US index futures traded lower in thin holiday conditions, while European equity futures point to a weak open.
Asian equities opened under pressure but clawed back some losses as the day progressed. In Japan, the Nikkei was down around 0.7–0.8%, Topix roughly flat. Domestic politics remain a factor ahead of an expected snap election announcement from Prime Minister Sanae Takaichi and this week’s Bank of Japan meeting. Hong Kong’ Hang Seng is down around 1%. In China indices were largely flat despite mixed economic data.
Ashtead provided a trading update this morning, citing strong revenue with improved 2nd half. Acquisitions performing well. Strong trading created strong business momentum into 2026. Group leverage has reduced.
UK
XP Power (XPP) — Trading Statement*
Marshalls (MSLH) — Trading Statement
US
None
UK
4imprint Group (FOUR) — Trading Statement
QinetiQ Group (QQ.) — Trading Statement
DFS Furniture (DFS) — Trading Statement
Kier Group (KIE) — Trading Statement
Treatt (TET) — Full Year Results
BHP Group (BHP) — Operational Review
US
Boeing Co (NYSE:BA) PMO
General Motors Co (NYSE:GM) PMO
UnitedHealth Group Inc (NYSE:UNH) PMO
Chinese Gross Domestic Product
Chinese Industrial Production
Chinese Retail Sales
EU Core Harmonized Index of Consumer Prices
UK 100 companies going ex-dividend on 22nd January 2026:
Next
UK 250 companies going ex-dividend on 22nd January 2026:
WH Smith
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