{"id":56594,"date":"2025-02-24T10:44:08","date_gmt":"2025-02-24T10:44:08","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/24\/uk-stocks-turning-in-mixed-performance-ftse-100-modestly-higher\/"},"modified":"2025-02-24T10:44:08","modified_gmt":"2025-02-24T10:44:08","slug":"uk-stocks-turning-in-mixed-performance-ftse-100-modestly-higher","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/24\/uk-stocks-turning-in-mixed-performance-ftse-100-modestly-higher\/","title":{"rendered":"UK Stocks Turning In Mixed Performance; FTSE 100 Modestly Higher"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks are modestly higher Monday morning, led by gains in defense shares amid expectations of increased government spending for the sector.<\/p>\n<p>Weakness in the energy space limit market&#8217;s upside. <\/p>\n<p>The benchmark FTSE 100 was up 25.00 points or 0.3% at 8,684.37 a little while ago.<\/p>\n<p>Centrica is gaining nearly 5% and BAE Systems is up 3%. GSK is gaining nearly 2% after initiating a \u00a32bn share buyback program.<\/p>\n<p>Vodafone Group, Land Securities, SSE, Imperial Brands, United Utilites and British American Tobacco are up 1.5 to 2%.<\/p>\n<p>National Grid is up 1.5% after the company announced that it has agreed to sell its National Grid Renewables U.S. onshore renewables <span class=\"landLinks\">business<\/span> to Brookfield Asset Management.<\/p>\n<p>Melrose Industries, Auto Trader Group, Smith &amp; Nephew, Haleon, Persimmon, Vistry Group, Barratt Redrow, Taylor Wimpey, Beazley and AstraZeneca are up 1 to 1.4%.<\/p>\n<p>B&amp;M European Value Retail is plunging nearly 9% after the company lowered its earnings guidance for fiscal year 2025. The company now expects group adjusted EBITDA, pre-IFRS 16, to be in the range of 605 million pounds to 625 million pounds compared to the prior estimation of 620 million pounds to 650 million pound.<\/p>\n<p>The company has also announced that Alex Russo will retire as Group Chief Executive and a Director of the Company with effect from 30 April 2025, and added that its is in the advanced stages of a recruitment process to appoint a new Chief Executive Officer with the support of a leading executive search firm.<\/p>\n<p>Antofagasta is down 2.7% and Flutter Entertainment is down 2.3%. Anglo American Plc, Entain, InterContinental, Pershing Square Holdings, Standard Chartered, Fresnillo, Intermediate Capital, Scottish Mortgage, Natwest Group and Rio Tinto are declining 1 to 2%. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>UK Stocks Turning In Mixed Performance; FTSE 100 Modestly Higher<\/a><br \/>\n<br \/>2025-02-24 10:44:08<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks are modestly higher Monday morning, led by gains in defense shares amid expectations of increased government spending for the sector. Weakness in the energy space limit market&#8217;s upside&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":56595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-56594","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=56594"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56595"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}