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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Fresnillo | 4,448.0 | 6.7% |
| Antofagasta | 3,775.0 | 5.3% |
| Endeavour Mining | 4,542.0 | 4.0% |
| Segro | 752.0 | 3.1% |
| Pershing Square Holdings | 4,646.0 | 2.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| 3i Group | 3,129.0 | -4.9% |
| Autotrader Group | 549.0 | -3.4% |
| Experian | 2,932.0 | -3.2% |
| BT Group | 182.8 | -2.9% |
| BAE Systems | 1,973.0 | -2.7% |
| Major World Indices | Price | % Chg | 1 Year, not sorted |
| FTSE 100 INDEX | 10,149 | 0.1% | 19.4% |
| DOW JONES INDUS. AVG | 49,412 | 0.6% | 10.5% |
| DAX INDEX | 24,933 | 0.1% | 17.2% |
| NIKKEI 225 | 53,334 | 0.9% | 34.8% |
| S&P/ASX 200 INDEX | 8,942 | 0.9% | 6.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 60.37 | 0.40% |
| Brent Crude (ICE) | USD/bbl. | 65.24 | 0.50% |
| Gold Spot | USD/t oz. | 5,089 | 1.6% |
| Copper (Comex) | USd/lb. | 593 | 1.5% |
Click graph to enlarge
The UK 100 is called to open +38 at 10,187. The UK 100 looks set to open higher this morning, having kick started the week on the front foot yesterday, the UK’s blue-chip index is set to extend gains on the open.
US equities closed higher, extending their recent recovery as investors looked ahead to mega-cap earnings and the Fed’s policy decision later this week. Gains were narrowly driven by large-cap technology and communication services, reinforcing the market’s dependence on a small group of names. Apple, Microsoft, Alphabet, Meta and Broadcom provided the bulk of upside support, underlining how Magnificent Seven earnings this week will be decisive for near-term direction. Tesla weighed on sentiment, finishing as the biggest drag on the S&P 500. Earnings optimism remains firm, with nearly 80% of reporting S&P 500 companies beating expectations so far, though valuation sensitivity is rising. Intel extended its selloff following weak guidance, while CoreWeave rallied after Nvidia confirmed a $2bn investment, reinforcing AI infrastructure demand.
Asian markets traded broadly higher, tracking Wall Street’s gains and optimism around upcoming US tech earnings. South Korea’s KOSPI surged over 2%, reversing early losses triggered by fresh US tariff threats, as investors again leaned into dip-buying. Japan’s Nikkei edged higher despite a firmer yen, while Hong Kong and mainland China posted solid gains led by technology shares. Across the region, AI-linked stocks outperformed, supported by expectations that results from Microsoft, Meta, Tesla and Apple will reinforce the global AI investment narrative.
Dr Martens says it is pressing ahead with its four-point growth strategy as the business continues to grapple with falling revenues. The Northamptonshire-based footwear group is focusing on reducing its reliance on discounted wholesale sales in the Americas, driving volumes in core product families, expanding into new markets through capital-light partnerships, and simplifying its operating model to operate more closely with local markets. In a third-quarter trading update, the company reported group revenue of £253m, down 2.7% on a constant currency basis, with year-to-date revenue down 0.7% to £580m. While the pace of decline has slowed, revenues remain lower year on year, following an 8% fall reported in June, last year. Direct-to-Consumer sales dropped 6.5% in the quarter as the group continued to scale back promotions and clearance activity, particularly online. Wholesale revenues increased 9.5% in Q3, partly offsetting weaker DTC performance, with growth reported across all regions.
UK
Sage (SGE) – Trading Statement
Cranswick (CWK) – Trading Statement
Dr Martens (DOCS) – Trading Statement
Evoke (EVOK) – Trading Statement
Paragon Banking Group (PAG) – Trading Statement
Mitie Group (MTO) – Trading Statement
Sthree (STEM) – Full Year Results
Velocity Composites (VEL) – Full Year Results
US
Boeing Co (NYSE:BA) PMO
General Motors Co (NYSE:GM) PMO
UnitedHealth Group Inc (NYSE:UNH) PMO
Tesla Inc (NASDAQ:TSLA) AMC*
UK
Fresnillo (FRES) – Trading Statement
Pets at Home Group (PETS) – Trading Statement
Hargreaves Services (HSP) – Half-Year Results
Paypoint (PAY) – Trading Statement
US
AT&T Inc (NYSE:T) PMO
Automatic Data Processing Inc (NASDAQ:ADP) PMO
GE Vernova Inc (NYSE:GEV) PMO
Starbucks Corp (NASDAQ:SBUX) PMO
International Business Machines Corp (NYSE:IBM) AMC
Meta Platforms Inc Class A (NASDAQ:META) AMC
Microsoft Corp (NASDAQ:MSFT) AMC
ServiceNow Inc (NYSE:NOW) AMC
US ADP Employment Change 4-week average
US Housing Price Index
US Consumer Confidence
ECB’s Nagel speech
ECB’s President Lagarde speech
UK 100 companies going ex-dividend on 29th January 2026:
None
UK 250 companies going ex-dividend on 29th January 2026:
Pennon Group
Victrex
SSP Group
Hollywood Bowl Group
Supermarket Income REIT
Primary Health Properties
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