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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| London Stock Exchange Group | 7,586.0 | 5.8% |
| GSK | 2,180.0 | 4.8% |
| Sage Group | 871.2 | 3.1% |
| Experian | 2,621.0 | 3.0% |
| RELX | 2,249.0 | 2.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Glencore | 475.3 | -7.0% |
| NatWest Group | 650.0 | -6.0% |
| Fresnillo | 3,556.0 | -5.8% |
| Lloyds Banking Group | 105.8 | -5.6% |
| Hikma Pharmaceuticals | 1,552.0 | -4.9% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 10,309 | -0.9% | 19.6% |
| DOW JONES INDUS. AVG | 48,909 | -1.2% | 9.0% |
| DAX INDEX | 24,491 | -0.5% | 13.5% |
| NIKKEI 225 | 53,818 | -0.9% | 37.8% |
| S&P/ASX 200 INDEX | 8,889 | -0.4% | 4.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 63.07 | -3.18% |
| Brent Crude (ICE) | USD/bbl. | 67.31 | -3.10% |
| Gold Spot | USD/t oz. | 4,778 | -3.8% |
| Copper (Comex) | USd/lb. | 573 | -2.2% |
Click graph to enlarge
The UK 100 is called to open -47 at 10,262. The UK 100 looks set to remain in the red after Wall Street markets closed sharply lower last night.
U.S. equities fell for another session on Thursday as investors took a risk-off stance, leading popular trades in technology and bitcoin to unravel. The Dow Jones shed about 592.58 points, or 1.20%, ending at 48,908.72. The S&P lost 1.23%, closing at 6,798.40 and landing in negative territory for the year. The Nasdaq declined 1.59% and settled at 22,540.59. The 30-stock Dow was down nearly 700 points, or about 1.4%, at session lows, while the broad market S&P 500 and Nasdaq dropped 1.5% and 1.9%, respectively. Alphabet was the latest of the “Magnificent Seven” companies to report earnings results. The company projected a sharp increase in artificial intelligence spending that spooked some investors, calling for 2026 capital expenditures of up to $185 billion. Shares lost 0.5%. However, shares of Broadcom climbed almost 1% following news of Alphabet’s spending plans, offering some hope for the artificial intelligence trade as the market deciphers its winners and losers.
Adding to the downbeat sentiment, concerns surrounding labour market weakness grew after outplacement firm Challenger, Gray & Christmas reported that U.S. employers announced 108,435 layoffs in January, marking the highest January total since the global financial crisis. On top of that, initial jobless claims for the week ended Jan. 31 rose more than expected, and job openings in December fell to their lowest level since September 2020.
Risk aversion carried into Asia. Tech-heavy markets underperformed, with South Korea’s KOSPI plunging sharply early on, briefly triggering a trading halt before stabilising. Hong Kong weakened, while Japan’s Nikkei was steadier, supported by election-related optimism ahead of the weekend vote.
GSK this morning announced that the European Commission has approved Nucala, a monoclonal antibody maintenance treatment for uncontrolled COPD.
Rio Tinto and Glencore have abandoned plans for a $260bn merger, walking away from a deal that would have created the world’s largest mining company. Rio Tinto said it was no longer considering a “merger or other business combination” with Glencore after it “determined that it could not reach an agreement that would deliver value to its shareholders”. Glencore said the key terms of the potential offer, which would have seen Rio keep both the chair and chief executive roles, “significantly undervalued Glencore’s underlying relative value contribution to the combined group”. The company added the deal did not adequately value its copper business and growth pipeline, and concluded that the merger was not in the best interests of its shareholders.
UK
Victrex (VCT) – Q1 Trading Update
US
Philip Morris International Inc (NYSE:PM) PMO
UK
Plus500 (PLUS) – Full-year results
US
None
ECB’s Cipollone speech
German Industrial Production
German Trade Balance
ECB’s Kocher speech
BoE’s Pill speech
US Average Hourly Earnings
US Labor Force Participation Rate
US Nonfarm Payrolls
US Unemployment Rate
UoM 1-year Consumer Inflation Expectations
UoM 5-year Consumer Inflation Expectations
Fed’s Jefferson speech
UK 100 companies going ex-dividend on 12th February 2026:
Pershing Square Holdings
UK 250 companies going ex-dividend on 12th February 2026:
Greencoat UK Wind
International Public Partnerships
Rank Group
UK 250 companies going ex-dividend on 13th February 2026:
Carnival Corporation
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