Market Overview
The FTSE 100 opened broadly unchanged at 10,822.26, up 0.001 per cent from its previous close, as disrupted Strait of Hormuz shipping and renewed threats to Gulf energy infrastructure kept investors cautious. The Euronext 100 slipped 0.01 per cent to 1,916.81, while Germany’s DAX was down 0.26 per cent at 25,939.98. In the US, the markets were closed for Labor Day.
Commodity markets were mixed, with copper higher while gold, Brent crude and natural gas moved lower in the provided market data, despite continuing concerns over Middle East energy supplies. Bitcoin fell against sterling. The pound strengthened marginally against the US dollar but weakened slightly against the Swiss franc, euro, Japanese yen and Australian dollar, as markets monitored geopolitical risks and upcoming economic and central bank developments.
Market Numbers
FTSE 100: Up (+0.001%), 10,822.26
Euronext 100: Down (-0.01%), 1,916.81
DAX: Down (-0.26%), 25,939.98
NASDAQ: Closed
S&P 500: Closed
In the Headlines
Growth strategy – Dunelm Group (LSE:DNLM)
The homewares retailer reported FY26 sales up 3.1% to £1.83 billion, while profit before tax was unchanged at £211 million. Dunelm also launched its Winning Hearts & Homes growth strategy, although unusually hot weather contributed to softer trading at the start of FY27.
Revenue growth – Journeo (LSE:JNEO)
The transport technology group reported a 53% rise in first-half revenue to £37.6 million, supported by organic growth and acquisitions. Its sales pipeline has reached £200 million, providing visibility over potential future opportunities as the group continues integrating acquired businesses.
Currencies (vs GBP)
USD: Down (-0.00%), $1.3547
CHF: Up (+0.01%), Fr.1.0958
EUR: Up (+0.00%), €1.165
JPY: Up (+0.04%), ¥208.3665
AUD: Up (+0.00%), $1.8759
Bitcoin (BTC/GBP): Down, £58,016.20
Commodities
Copper: Up
Gold: Down
Brent Crude: Down
Natural Gas: Down
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