UK Stocks-Factors to watch on September 26
Sept 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futuresFFIc1 up 0.2%.
* PENNON: British water utility Pennon Group PNN.L said it remains on course to return to profitability in fiscal 2025-26, despite higher operational costs from surging demand for clean water amid hot weather.
* GULF KEYSTONE: London-listed oil and gas producer Gulf Keystone Petroleum GKP.L said it signed agreements with the Kurdistan Regional Government and Iraq's federal government to restart international crude exports from Kurdistan.
* SHELL: Nigeria's oil regulator has approved a $510 million deal by TotalEnergies TTEF.PA to sell its entire 12.5% interest in oil mining lease (OML) 118, which hosts the offshore Bonga oilfield, to the field's operator Shell SHEL.L, and AgipENI.MI, the agency said on Thursday.
* GLENCORE: Perpetua Resources PPTA.O said on Thursday it is in talks with GlencoreGLEN.L , Trafigura and others about a partnership to refine antimony in the U.S., part of a push to boost Western supplies of a critical mineral whose exports China has blocked.
* BOND YIELDS: Yields on British government bonds jumped on Thursday after data showed the U.S. economy grew more quickly than expected, pushing up borrowing costs on both sides of the Atlantic with investors also worried about Britain's public finances.
* COMMODITIES: Oil prices edged up on Friday, on track to rise at their steepest rate since early June, gold edged lower, and Shanghai copper extended gains with the market supported by supply disruption concerns following Freeport's force majeure declaration.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Related Articles
Can $100 Billion Change the Future of AI? The Inside Story of Nvidia and OpenAI’s Mega Partnership
TradingKey - Recently, headlines around the world spotlighted Nvidia’s deal to invest up to $100 billion in OpenAI, a move that’s already being called one of the boldest bets in the history of artificial intelligence.
U.S. Q2 GDP Commentary: Unsustainable Growth Rebound, What’s Next for the Stock Market?
TradingKey - On 25 September 2025, the U.S. released the final Q2 GDP data. The data showed that the annualised quarter-on-quarter real GDP growth rate was 3.8%, surpassing the preliminary estimates of 3% in July and 3.3% in August.
An Overview of U.S. Government Shutdowns: Causes and Consequences
TradingKey - A government shutdown is a uniquely American political event. After former President Donald Trump orchestrated the longest and most costly government shutdown in history during his first term, the risk of another shutdown has resurfaced at the start of his second term.
U.S. August PCE Preview: Four-Run PCE Bounce Challenges the Fed’s Three-Cut Plan
TradingKey - The U.S. Bureau of Economic Analysis (BEA) will release the August Personal Consumption Expenditures (PCE) Price Index on Friday, September 26, with markets closely watching how much tariff pass-through effects have influenced inflation.
U.S. August PCE: Inflation Remains the Market's Greatest Risk
Our baseline forecast anticipates sustained asset price increases. However, if inflation surpasses market expectations in the coming months, it could hinder further rate cuts and pose the greatest risk to financial markets.
