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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Antofagasta PLC | 2,807.0 | 5.3% |
| JD Sports Fashion PLC | 93.0 | 4.5% |
| Admiral Group PLC | 3,314.0 | 3.6% |
| Berkeley Group Holdings (The) PLC | 3,810.0 | 3.5% |
| Convatec Group PLC | 230.6 | 2.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Coca-Cola Hbc AG | 3,480.0 | -3.8% |
| BP PLC | 434.6 | -2.5% |
| Rolls-Royce Holdings PLC | 1,163.5 | -1.6% |
| Shell PLC | 2,696.0 | -1.4% |
| BT Group PLC | 193.4 | -1.2% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 9,300 | 0.2% | 11.8% |
| DOW JONES INDUS. AVG | 46,316 | 0.2% | 9.5% |
| DAX INDEX | 23,745 | 0.0% | 21.9% |
| NIKKEI 225 | 45,044 | 0.7% | 18.8% |
| S&P/ASX 200 INDEX | 8,863 | 0.9% | 7.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 63.09 | 0.57% |
| Brent Crude (ICE) | USD/bbl. | 67.97 | 3.08% |
| Gold Spot | USD/t oz. | 3,830 | 0.1% |
| Copper (Comex) | USd/lb. | 490 | 0.2% |
Click graph to enlarge
The UK 100 is called to open +1 points this morning at 9,300. The UK 100 looks set to open marginally higher this morning, this comes after the UK’s bluechip index saw early gains muted yesterday and data out this morning showed that the UK economy had expanded by an unrevised 0.3% in the second quarter of the year, updated figures from the Office for National Statistics showed today. The performance compared with quarter-on-quarter growth of 0.7% in the first three months of the year. GDP rose by 1.4% on a year-on-year basis, up from the previous estimate of 1.3%.
Stateside saw the S&P rise on Monday as Wall Street regained some of its footing after a week in which the artificial intelligence trade lost a bit of steam. The broad market index climbed 0.26% to finish at 6,661.21, and the Nasdaq advanced 0.48% to close at 22,591.15. The Dow Jones settled up 68.78 points, or 0.15%, at 46,316.07. AI chip darling Nvidia saw gains after scepticism around the AI trade put pressure on the broader stock market last week. Some traders even questioned whether there was enough energy to power an infrastructure plan between Nvidia and OpenAI. Nvidia closed around 2% higher. Other AI stocks like Advanced Micro Devices and Micron Technology added more than 1% and more than 4%, respectively.
Asian markets were subdued. Hong Kong’s Hang Seng slipped 29 points to 26,593, while South Korea’s Kospi eased by a single point to 3,429. Japan’s Nikkei inched up 5 points to 45,049, and both Shanghai and Shenzhen posted modest gains of 0.4% and 0.3%.
Brent Crude fell by 3% on speculation that Opec+ members will increase quotas at a meeting later this week. Brent Crude fell another 0.4% to $66.80 a barrel this morning, while gold moved 1% higher to a record $3869 an ounce.
AG Barr this morning issued interim results, noting that that revenues were up 3.1% but more significant was margin growth of 200 basis points and pre-tax profits adding more than 20% on an adjusted basis. The strong first half is seen as demonstrating that the business is delivering against strategic priorities, with expectations that the momentum can be maintained in H2. Full year guidance remains unchanged.
ASOS warned on Tuesday that its annual revenue would miss market expectations against the backdrop of weak consumer demand and that profit would come in at the lower end of its forecast range. The company had previously forecast adjusted core profit of between £130 million and £150 million ($175 million to $201 million). ASOS said revenue would come in slightly below market expectations. Analysts on average had expected the company’s total sales to fall 8.4% on a constant currency basis for the fiscal year ending September. Its gross merchandise value is also seen lower than expected as it focuses on “higher quality sales” against a soft consumer backdrop. ASOS, however, said it remained confident that its fiscal 2026 profit and free cash flow would be in line with market expectations.
Card Factory reported resilient revenue growth of 5.9% for the first half of 2025, with strategic progress in expanding its store network and digital presence. Despite inflationary pressures, the company maintained its full-year expectations, supported by strong seasonal performance and the acquisition of Funky Pigeon, which is set to enhance its digital strategy. The company’s efforts in expanding partnerships and evolving its product range have contributed positively to its performance, although challenges remain in the online segment. The acquisition of Funky Pigeon is expected to accelerate digital growth and provide significant synergy benefits by FY27.
Close Brothers issued full year numbers today. The company has been bolstering its balance sheet amidst the motor finance mis-selling saga, which remains ongoing, and has seen the company make a £165m provision in today’s numbers, tipping the business to an operating loss for the full year. However with £400m of tier 1 capital on hand, the business is arguably in a strong position to weather any impending storm. Dividend payments remain suspended pending resolution of the financing saga.
UK
A.G. Barr (BAG)*
Close Brothers Group (CBG)
US
Nike (NKE) AMC
UK
None
US
None
Chinese NBS Manufacturing PMI
Chinese NBS Non-Manufacturing PMI
Chinese RatingDog Manufacturing PMI
Chinese RatingDog Services PMI
UK Gross Domestic Product
Fed’s Jefferson speech
ECB’s Cipollone speech
BoE’s Lombardelli speech
ECB’s President Lagarde speech
ECB’s Elderson speech
US Housing Price Index
BoE’s Mann speech
Chicago PMI
US Consumer Confidence
US JOLTS Job Openings
BoE’s Breeden speech
ECB’s Nagel speech
Fed’s Goolsbee speech
UK 100 companies going ex-dividend on 2nd October 2025:
British American Tobacco
Weir Group
Smith & Nephew
F&C Investment Trust
UK 250 companies going ex-dividend on 2nd October 2025:
Kainos Group
Pantheon Infastructure
TP ICAP Group
Petershill Partners
Wickes Group
Hunting
Breedon Group
Morgan Sindall Group
Johnson Service Group
Bodycote
RIT Capital Partners
Law Debenture Group
Travis Perkins
Spectris
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