FTSE 100 opens flat as Journeo wins Elizabeth line orders, Jet2 bookings rise and Brent crude eases amid continuing Iran tensions.
Market Overview
The FTSE 100 opened broadly unchanged at 10,756.77 as strength in precious-metal shares helped offset continued concerns over the Iran conflict and Gulf shipping. The Euronext 100 slipped 0.02 per cent to 1,904.68, while Germany’s DAX rose 0.12 per cent to 25,870.31 as European markets stabilised following recent weakness and softer US labour data eased some interest-rate concerns. In the US, the Nasdaq closed higher at 26,217.83 and the S&P 500 gained to 7,666.60.
Commodity markets were mixed, with copper higher, gold and natural gas unchanged, and Brent crude lower as concerns over Middle East supply disruption eased following indications that renewed US action against Iran may be relatively brief. Bitcoin was up against sterling. The US dollar, euro and Japanese yen strengthened marginally against the pound, the Swiss franc was unchanged and the Australian dollar weakened slightly.
Market Numbers
FTSE 100: Up (0.00%), 10,756.77
Euronext 100: Down (-0.02%), 1,904.68
DAX: Up (0.12%), 25,870.31
NASDAQ: Up, 26,217.83
S&P 500: Up, 7,666.60
In the Headlines
Elizabeth Line orders – Journeo (LSE:JNEO)
Transport technology provider Journeo said subsidiary Infotec has secured initial purchase orders worth £1.3 million for passenger information system upgrades across the Elizabeth line. The orders form the first part of a wider £2.55 million programme and cover new and upgraded displays across 25 stations.
Summer bookings rise – Jet2 (LSE:JET2)
Leisure travel group Jet2 reported Summer 2026 booked passengers up 8.8% year on year, with seat capacity increasing 7.6% to 19.9 million. The company also plans to move its shares from AIM to the London Stock Exchange Main Market, which it expects will increase its visibility among UK and international institutional investors.
Currencies (vs GBP)
USD: Up (0.01%), $1.3482
CHF: Unchanged (0.00%), Fr.1.0961
EUR: Up (0.01%), €1.1637
JPY: Up (0.02%), ¥214.2405
AUD: Down (-0.01%), $1.8822
Bitcoin (BTC/GBP): Up, £57,732.02
Commodities
Copper: Up
Gold: Unchanged
Brent Crude: Down
Natural Gas: Unchanged
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