Market News Feed
AI Daily 5 entries
LONDON MARKET CLOSE: FTSE 100 lower as Starmer resists pressure
- Stock Market Performance:
- London stock prices closed mixed on Tuesday, influenced by underwhelming US retail sales data.
- FTSE 100 down 0.3% at 10,353.84; FTSE 250 up 0.6% at 23,469.30; AIM all-share down 0.2% at 815.39.
- Coca-Cola HBC up 4.7% after reporting strong 2025 profits and sales; BP down 3.2% due to cost-cutting measures and suspension of share buyback.
- Switch Metals on AIM jumped 14% after identifying new tantalum-rich targets in Ivory Coast.
- US stocks higher: Dow Jones up 0.3%, S&P 500 up 0.1%, Nasdaq marginally up.
- Political Developments:
- UK Prime Minister Keir Starmer affirmed his position, stating the government is "strong and united" despite calls for resignation over Peter Mandelson's appointment.
- Analysts note no potential successor is willing to step forward before upcoming local elections.
- US Commerce Secretary Howard Lutnick denied connections to Jeffrey Epstein amid calls for his resignation.
- Regulatory News:
- UK Competition & Markets Authority secured commitments from Apple and Google to improve fairness in app store processes.
- Economic Indicators:
- US retail sales flat in December, below expectations; import prices up 0.1%, export prices up 0.3%.
- US private employers added 6,500 jobs weekly in late January, up from 5,000 in mid-January.
- US Treasury yields narrowed: 10-year at 4.14%, 30-year at 4.78%.
- Currency and Commodities:
- Pound higher at USD1.3661; Euro at USD1.1901; Dollar lower against Yen at JPY154.23.
- Brent oil slightly down at USD68.82/barrel; Gold down at USD5,011.70/ounce.
- Top Performers and Fallers:
- FTSE 100 top risers: Croda International (+275p), Coca-Cola HBC (+200p), Burberry (+50p), Berkeley Group (+160p), Barratt Redrow (+13.74p).
- FTSE 100 top fallers: Standard Chartered (-109p), Babcock International (-65p), Antofagasta (-17p), St James's Place (-53p), Hiscox (-50.58p).
- Upcoming Events:
- Wednesday's calendar includes Chinese inflation data, US nonfarm payrolls, and UK corporate results from James Hardie, Renishaw, and Barratt Redrow.
LONDON MARKET MIDDAY: FTSE 100 dips as banks slide, mid-caps rise
- London Stock Market (10th Feb 2026, 12:12):
- FTSE 100 down 0.2% at 10,363.02.
- FTSE 250 up 0.1% at 23,369.53.
- AIM all-share down 0.3% at 814.71.
- Mixed performance among mid-cap and small-cap indices.
- US Markets:
- Dow Jones, S&P 500, and Nasdaq expected to open marginally higher.
- US 10-year Treasury yield at 4.18%, down from 4.21%.
- US 30-year Treasury yield at 4.83%, down from 4.86%.
- Economic Indicators:
- NFIB Small Business Optimism index declined to 99.3 in January, below expectations but above 52-year average.
- Taxes remain the top concern for 18% of small business owners, down from 20% in December.
- Geopolitical Developments:
- Israel's PM Netanyahu to prioritize Iran negotiations with US President Trump, focusing on ballistic missile program.
- Oil prices up slightly to USD69.33/barrel; Gold down to USD5,053.90/ounce.
- Corporate News:
- Standard Chartered down 5.4% after CFO Diego De Giorgi's departure to Apollo Global Management.
- Barclays, NatWest, Lloyds Banking, and HSBC shares down 2.4%, 2.0%, 1.4%, and 0.9% respectively.
- Coca-Cola HBC up after reporting 15% rise in annual profit to EUR940.4 million.
- Mitchells & Butlers top gainer on FTSE 250, up 2.5% after Deutsche Bank upgrade.
- Bellway up 3.0% after strong first-half completions and full-year outlook.
- Phoenix Copper up 13% after CEO statement on executive suspensions.
- Hemogenyx Pharmaceuticals up 16% after raising GBP2.5 million for clinical trials.
- European Markets:
- CAC 40 up 0.4% as Macron urges EU to strengthen against US and China economic pressure.
- DAX 40 up 0.1% despite 4% rise in German insolvencies year-on-year.
- Upcoming Data:
- US retail sales data for December expected later on Tuesday.
LONDON BROKER RATINGS: BofA cuts Anglo American; LBBW cuts BT Group
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- 10th Feb 2026 09:46
- The following London-listed shares received analyst recommendations Tuesday morning and on Monday:
- FTSE 100
- JPMorgan raises Croda International price target to 4,000 (3,600) pence - 'overweight'
- Goldman Sachs raises Croda International price target to 2,800 (2,300) pence - 'sell'
- Citigroup reinitiates Rio Tinto with 'neutral' - price target 7,000 pence
- UBS raises Rio Tinto price target to 6,900 (5,800) pence - 'neutral'
- BofA cuts Anglo American to 'neutral' (buy) - price target 3,600 (3,500) pence
- Citigroup raises Antofagasta price target to 4,000 (3,900) pence - 'buy'
- Citigroup reinitiates Glencore with 'buy' - price target 600 pence
- Goldman Sachs starts LondonMetric Property with 'neutral' - price target 210 pence
- Berenberg raises Legal & General price target to 308 (289) pence - 'buy'
- Goldman Sachs cuts Standard Chartered price target to 2025 (2120) pence - 'buy'
- LBBW cuts BT Group to 'hold' (buy) - price target 218 pence
- BofA cuts Rolls-Royce price target to 1,600 (1,615) pence - 'buy'
- FTSE 250
- Barclays cuts Safestore to 'equal weight' (overweight) - price target 870 (740) pence
- Kepler Cheuvreux cuts Safestore to 'reduce' (hold)
- Deutsche Bank raises Mitchells & Butlers to 'buy' (hold) - price target 325 (300) pence
- Goldman Sachs starts Drax Group with 'neutral' - price target 947 pence
- RBC raises Serco Group price target to 370 (290) pence - 'outperform'
- Barclays reinitiates Big Yellow Group with 'overweight' - price target 1,200 pence
- JPMorgan raises Oxford Instruments target to 3,000 (2,600) pence - 'overweight'
- SMALL CAP
- Peel Hunt cuts S&U to 'add' (buy) - price target 2,460 (2,000) pence
- Citigroup raises BHP Group price target to 2,600 (2,400) pence - 'neutral'
- Related Shares:
LONDON MARKET OPEN: FTSE 100 falls as BP slide outweighs AstraZeneca
- Date & Time: 10th Feb 2026, 09:30
- London Stock Market: Opened lower due to a heavy slate of company results, with heavyweight stocks weakening.
- FTSE Indices:
- FTSE 100: Down 0.5% at 10,336.23.
- FTSE 250: Down 0.1% at 23,336.39.
- AIM All-Share: Down 0.3% at 815.00.
- Cboe Indices:
- Cboe UK 100: Down 0.4% at 1,032.48.
- Cboe UK 250: Down 0.2% at 20,635.33.
- Cboe Small Companies: Down 0.1% at 18,657.12.
- Currency Movements:
- Sterling: USD1.3671 (up from USD1.3668).
- Euro: USD1.1908 (up from USD1.1897).
- Dollar/Yen: JPY155.54 (down from JPY156.04).
- Company Updates:
- BP: Down 5.3% after suspending share buyback; reported lower profits for 2025; declared unchanged dividend.
- Barclays: Up 0.4% after reporting higher pretax profit for 2025; announced capital returns and buybacks.
- Croda: Biggest gainer on FTSE 100, up 4.4% due to broker action.
- AstraZeneca: Up 0.8% on strong cancer drug sales boosting earnings.
- Mony Group: Biggest decliner on FTSE 250, down 14% due to AI disruption fears.
- Political News: UK PM Keir Starmer faces leadership speculation but receives support from senior ministers.
- European Equities:
- DAX 40 (Frankfurt): Down 0.1%.
- CAC 40 (Paris): Up 0.3%, supported by Kering's surge.
- Asian Markets:
- Nikkei 225 (Tokyo): Up 2.3%.
- Shanghai Composite: Up 0.1%.
- Hang Seng (Hong Kong): Up 0.6%.
- S&P/ASX 200 (Sydney): Marginally lower.
- US Markets (Monday):
- Dow Jones: Marginally higher.
- S&P 500: Up 0.5%.
- Nasdaq Composite: Up 0.9%.
- Commodities:
- Brent Oil: USD69.33/barrel (up from USD68.85).
- Gold: USD5,045.90/ounce (down from USD5,068.99).
- Upcoming Economic Data: US NFIB business optimism index and US retail sales for December.
LONDON MARKET EARLY CALL: FTSE 100 seen up as Starmer holds on
- London Stocks Outlook: FTSE 100 futures indicate a 8.6-point (0.1%) higher opening at 10,394.83 on Tuesday, following a 0.2% rise on Monday.
- UK Political Uncertainty: Prime Minister Keir Starmer faces continued pressure to resign, with Scottish Labour leader Anas Sarwar citing "too many mistakes," though senior ministers have rallied in support.
- Currency Movements: Sterling edged up to USD1.3669, euro to USD1.1902, and EUR/GBP gained to GBP0.8708 amid UK political turmoil.
- Global Markets: Wall Street closed higher (Dow marginally up, S&P 500 +0.5%, Nasdaq +0.9%), while Asian markets rallied (Nikkei +2.3%, Shanghai Composite +0.1%, Hang Seng +0.5%).
- US Economic Data: Consumer inflation expectations eased in January, with one-year expectations at 3.1% and median home price growth expectations at 2.9%.
- Australian Economy: Consumer sentiment weakened (Westpac–Melbourne Institute index at 90.5), but business confidence improved slightly (NAB index at +3).
- Commodities: Gold dipped to USD5,026.70/ounce, while Brent oil rose to USD69.04/barrel.
- UK Retail Sales: January sales increased 2.7% year-on-year, outperforming the 12-month average of 2.3%.
- Corporate Earnings: Major UK blue-chip results expected from AstraZeneca, Barclays, BP, and Coca-Cola HBC.
- Economic Calendar: Key data releases include US NFIB business optimism index and December retail sales.
All Market News Today 454 headlines
SPI
13:08
Spire Healthcare Group Plc
PCTN
13:07
Picton Property Income Ltd
BLND
13:05
British Land Company PLC
0RLW
11:09
Commerzbank AG
71GA
09:00
71GA
CBKD
06:01
Commercial International Bank -Egypt S.A.E
FOG
06:01
Falcon Oil & Gas Ltd.
SWR
06:01
Smurfit Westrock Plc
