FTSE 100

FTSE 100 Market news covers the latest developments for the FTSE 100 Index, which tracks the 100 most highly capitalised blue‑chip companies listed on the London Stock Exchange.

This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

Kingfisher Plc H1 results in line with expectations, market share gains in UK and Poland

Kingfisher Plc (LON:KGF) has announced its half year results for the six months ended 31 July 2024 (unaudited). H1 24/25 highlights ·      Overall sales in line with our expectations; market share..

British American Tobacco appoints Kingsley Wheaton as Chief Corporate Officer

A key pillar of the refined British American Tobacco plc (LON:BATS) strategy announced earlier this year is the delivery of a Sustainable Future. Together with a focus on Quality Growth..

Intermediate Capital Group appoinTs Sonia Baxendale as a Non-Executive Director

Intermediate Capital Group plc (LON:ICG) has announced that Sonia Baxendale has been appointed as a Non-Executive Director of the Company. She will join the Board on 1 January 2025 and..

Phoenix Group on track to deliver financial targets and create shareholder value

Phoenix Group Holdings Plc (LON:PHNX) has announced its 2024 interim results. Commenting on the results announcement, Phoenix Group CEO, Andy Briggs said: “Phoenix’s vision is to be the UK’s leading retirement savings..

Endeavour Mining achieves commercial production at BIOX and Lafigué projects

Endeavour Mining plc (LON:EDV, TSX:EDV, OTCQX:EDVMF) has announced that it has achieved commercial production at both its Sabodala-Massawa BIOX Expansion in Senegal and at its Lafigué mine in Côte d’Ivoire,..

GSK Blenrep granted Breakthrough Therapy Designation by China’s CDE

GSK plc has announced that the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA) in China has granted Breakthrough Therapy Designation (BTD) for Blenrep (belantamab mafodotin)..

Diploma Plc appoints Katie Bickerstaffe as Senior Independent Director

Diploma PLC (LOM:DPLM), the international value-add distribution group, has announced that, following a comprehensive externally-facilitated process, it has appointed Katie Bickerstaffe as a non-executive director and as Senior Independent Director,..

Vistry Group commences £130m share buyback programme

Vistry Group PLC (LON:VTY) has announced that it is commencing the share buyback programme to repurchase up to £130million of ordinary shares of 50 pence each in the capital of..

GSK reports positive headline data from mRNA vaccine phase II trial

GSK plc has announced positive headline results of a phase II trial (NCT06431607) for its mRNA seasonal influenza vaccine programme. The trial studied a range of mRNA formulations in older..

GSK HSV vaccine GSK3943104 did not meet primary efficacy objective

GSK plc has announced that it has completed the primary objective data analysis from the phase II part of the TH HSV REC-003 trial. This trial is a combined phase..

Rentokil Initial lowers profit and growth expectations

Rentokil Initial plc (LON:RTO) has provided the following update on current trading and the outlook for FY 24. ·    North America Organic Revenue growth now anticipated to be c.1% in H2..

Schroders Plc appoints Richard Oldfield as Group Chief Executive

Schroders plc (LON:SDR) has announced that Richard Oldfield has been appointed as Group Chief Executive, succeeding Peter Harrison, with effect from 8 November 2024, subject to regulatory approval. In his..

Barratt Developments creates MADE Partnership with Homes England and Lloyds Banking Group

Barratt Developments PLC (LON:BDEV) has announced that it has entered into a joint venture with Homes England and Lloyds Banking Group to create MADE Partnership. MADE Partnership will focus on..

Entain Plc momentum continues with Online NGR growthahead of expectations

Ahead of investor meetings scheduled for the week commencing 9 September 2024, Entain plc (LON:ENT), the global sports betting and gaming group, has provided an update on further strategic progress..

Rio Tinto plc 24.9% potential upside indicated by RBC Capital Markets

Rio Tinto plc with ticker (LON:RIO) now has a potential upside of 24.9% according to RBC Capital Markets.RIO.LRBC Capital Markets set a target price of 5,700 GBX for the company,..

Associated British Foods H2 trading shows good topline growth and excellent cash generation

Associated British Foods plc (LON:ABF) has provided an update on trading during the second half of the financial year which will end 14 September 2024. References to sales growth in..

DS Smith Plc trading in line with management expectations

DS Smith Plc (LON:SMDS) has issued a trading update in respect of the period since 1 May 2024. Current trading The market and business trends described in the outlook statement..

Ashtead Group performing well with rental revenue up 7%, revenue up 2%

Ashtead Group plc (LON:AHT) has announced its unaudited results for the first quarter ended 31 July 2024. First quarter 2024 2023 Growth2 $m $m % Performance1  Revenue 2,754 2,696 2%..

Melrose Industries appoints Ian Barkshire as a Non-Executive Director

Melrose Industries Plc (LON:MRO) has announced the appointment of Ian Barkshire to its Board as a Non-Executive Director with effect from 1 October 2024. Ian was the CEO of Oxford..

LondonMetric Property transacts on £120 million of acquisitions and disposals

LondonMetric Property Plc (LON:LMP) has announced that it has transacted on £70 million of warehouse acquisitions and £50 million of non core disposals. The £70 million of acquisitions consist of..

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