Weekly review

Friday 03 Oct 2025

(Sharecast News) - The FTSE 100 gained 206.42 points or 2.2% during the week to finish at 9,491.25.
Equity view

The Italian owner of canned-tuna and ready-meals group Princes has announced plans to list the company on the London Stock Exchange.

Pubs chain JD Wetherspoon posted a jump in full-year sales and profits on Friday, despite a slew of higher costs.

Low-cost carrier Wizz Air said on Thursday that it had carried 6.265m passengers during September, up 8.8% year-on-year.

Perth-based energy company SSE said it expects first-half profits to fall by up to a third, but is guiding to growth over the full year with the majority of annual earnings being delivered in the second half.

Supermarket giant Tesco lifted its full-year guidance on Thursday, after a strong first half fuelled by the warm summer weather.

Electricity distribution group National Grid said it expects half-year results for the six months to 30 September to be in line with expectations.

Energy services firm Petrofac confirmed on Wednesday that key discussions with Samsung E&A and Saipem were advancing, as it inched towards completing long-running restructuring plans.

BHP Group will invest further in its Olympic Dam project in order to boost its copper base and production of the metal.

PayPoint rallied on Tuesday as it said that Royal Mail owner International Distribution Services has taken a 49% stake in Collect+ for Ł43.9m and announced a special dividend as a result of the deal.

The chief financial officer of Smith & Nephew is to relocate to the US, the British medical devices firm said on Tuesday.

Asos shares headed south early on Tuesday after it warned that full-year adjusted underlying earnings were expected to land towards the lower end of its Ł130m to Ł150m guidance range, while revenues were seen "slightly below" market expectations, as the online fashion retailer continued to navigate a subdued consumer backdrop.

Cruise operator Carnival lifted its annual profit guidance on Monday as it pointed to strong demand and posted record third-quarter results.

Saga revealed on Monday that chairman Roger De Haan had acquired 1. 2m ordinary shares in the London-listed lifestyle business.

Chief executive Emma Walmsley is to leave GSK, it was announced on Monday, after nearly a decade in the role.

Anglo-Swedish drugs giant AstraZeneca is to list directly on the New York Stock Exchange, it was announced on Monday.

Economic news

The Chancellor is reportedly considering a stamp duty holiday on new London listings in an effort to boost the capital's competitiveness as a public capital market.

Shares in Fermi Inc rocketed on Thursday, after trading in the real estate investment trust's dual-listed stock got underway.

Retail banking business Shawbrook was reportedly preparing to revive its long-awaited initial public offering, with private equity owners BC Partners and Pollen Street Capital expected to issue an intention to float as early as Thursday.

House prices nudged higher in September, industry research showed on Wednesday, as the market continued to shake off wider economic uncertainty.

Price pressures for UK consumers picked up this month as food prices continued to climb and non-food price deflation eased, with the British Retail Consortium warning of more pain ahead for shoppers.

Chancellor Rachel Reeves urged fiscal responsibility on Monday, warning that there was "nothing progressive" in mounting government debt.

Jaguar Land Rover is to resume some manufacturing operations, the luxury car group confirmed on Monday, a month after a cyber attack halted its UK production lines.

International events

US aviation giant Boeing Co's long-awaited 777X jet is facing further delays, it was reported on Friday.

American holding company Berkshire Hathaway on Thursday announced that it is to purchase Occidental Petroleum's chemical business, OxyChem, for $9.7bn in its biggest acquisition in three years.

Daniel Kretinsky is to sell his stake in Thyssenkrupp's steel division, it was confirmed on Thursday, ending joint venture plans between the Czech billionaire and Germany industrial giant.

Private equity firm 3i Group is reportedly exploring exit options including a sale for Evernex, a French provider of third-party maintenance services for data centre infrastructure.

Data from S&P Global and Hamburg Commercial Bank confirmed that the eurozone manufacturing sector resumed its downturn in September due to a fall in new order inflows and increased job losses.

Exxon Mobil has announced plans to cut 2,000 jobs as part of a global efficiency drive, according to reports on Tuesday.

US video game maker Electronic Arts said on Monday that it has agreed to be taken private for $55bn by a consortium comprising Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners.

Denmark's Genmab said on Monday that it has agreed to buy Dutch drugmaker Merus for $8bn.

German aviation giant Lufthansa Group has announced plans to cut 4,000 admin jobs by 2030 as part of plans to "significantly increase profitability".

FTSE 100: 5 Day Chart

International and UK Markets

Index	Value	1 Week % Change
FTSE AIM All-Share	0.00	%

Biggest Risers

Name	Price	1 Week % Change
Ceres Power Holdings	190.00p	+47.3%
Capita	334.00p	+27.0%
PureTech Health	141.20p	+13.0%
Goodwin Plc	14,750.00p	+12.6%
Ecora Resources	88.90p	+11.3%

Biggest Fallers

Name	Price	1 Week % Change
ASOS	267.50p	-10.2%
Trifast	70.00p	-9.3%
LSL Property Services	251.00p	-7.4%
Card Factory	101.00p	-7.3%
VP	570.00p	-5.3%

Sector Risers

Name	Value	1 Week % Change
Pharmaceuticals & Biotechnology	23,199.52	+12.0%
Household Goods & Home Construction	10,410.27	+5.7%
Personal Goods	17,026.16	+5.7%
Nonlife Insurance	4,802.40	+5.1%
Financial Services	13,906.71	+4.8%

Sector Fallers

Name	Value	1 Week % Change
Oil & Gas Producers	8,550.86	-1.1%
Tobacco	44,800.10	-0.8%
Food Producers	7,109.34	-0.6%
Food & Drug Retailers	4,564.33	-0.3%

Important notes

This newsletter is intended for general circulation only and does not constitute a personal recommendation. The information is provided to help you make your own investment decisions. Investors who are in any doubt as to the suitability of an investment or service contained in this newsletter should consult their financial adviser.

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