Market Open: Sizewell B Extension, Computacenter Profit Growth

UK Market Open falling

FTSE 100 edges lower as Centrica backs Sizewell B extension, Computacenter forecasts stronger profits and Brent crude eases.

Market Overview

The FTSE 100 opened marginally lower at 10,487.89, while the Euronext 100 gained 0.16 per cent and Germany’s DAX advanced 0.44 per cent. Overnight, the Nasdaq closed higher at 25,870.65, while the S&P 500 finished lower at 7,482.71. Investor sentiment remained cautious as markets assessed renewed geopolitical tensions following the collapse of the US-Iran ceasefire, while European equities attempted to stabilise after the previous session’s sharp losses.

Against sterling, the US dollar strengthened slightly while the Swiss franc, euro, Japanese yen and Australian dollar all edged firmer. Bitcoin was up. In commodities, copper advanced, while gold, Brent crude and natural gas all eased, with oil continuing to reflect geopolitical risks in the Middle East despite softer prices at the open.


Market Numbers

FTSE 100: Down (-0.01%), 10,487.89

Euronext 100: Up (+0.16%), 1,895.27

DAX: Up (+0.44%), 25,006.76

NASDAQ: Up, 25,870.65

S&P 500: Down, 7,482.71


In the Headlines

Nuclear agreement – Centrica (LSE:CNA)

Centrica has agreed a 20-year contract supporting the extension of the Sizewell B nuclear power station, helping secure long-term low-carbon electricity generation and reinforcing the UK’s energy security strategy.

Trading update – Computacenter (LSE:CCC)

Computacenter expects first-half profit to more than double compared with 2025, reflecting stronger trading performance and indicating improving momentum across its technology services business.


Currencies (vs GBP)

USD: Down (-0.00%), $1.3394

CHF: Down (-0.08%), Fr.1.0824

EUR: Down (-0.03%), €1.1727

JPY: Down (-0.01%), ¥217.703

AUD: Down (-0.01%), $1.931

Bitcoin (BTC/GBP): Up, £46,967.94


Commodities

Copper: Up

Gold: Down

Brent Crude: Down

Natural Gas: Down

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