FTSE 100 today:Index climbs, pound strengthens, strong moves in Kainos, BAE, Tesco Investing.com -- British stocks advanced on Monday as the pound strengthened, with gains in Kainos, BAE Systems, and Tesco helping lift the broader market. As of 1104 GMT, the blue-chip index FTSE 100 rose 0.1% and the British GBP/USD gained 0.2% against the dollar to above 1.35. DAX index in Germany rose 0.3%, the CAC 40 in France gained 0.09%. Norway selects UK’s Type 26 frigates in historic defense deal Norway has chosen the United Kingdom to supply new Type 26 frigates in what officials describe as the largest military acquisition in the country’s history, boosting BAE Systems PLC (LON:BAES) shares on Monday. Prime Minister Jonas Gahr Støre made the announcement Sunday, stating that the partnership with the UK will provide Norway with the best foundation for meeting defense goals approved by the Storting, the country’s parliament. The frigates are scheduled for delivery beginning in 2030. Norwegian authorities selected the UK proposal after evaluating competing offers from France, Germany, and the United States over several months. Kainos raises full-year forecast, shares soar In other market news, Kainos Group PLC (LON:KNOS) shares jumped over 19% after the company raised its full-year revenue outlook, citing stronger-than-expected first-half sales. The UK-based firm said adjusted profit before tax is expected to align with consensus estimates of £65.1 million to £74.7 million, against revenue estimates of £393.4 million. This update follows strong performance in the final quarter of the previous financial year. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Domino’s Pizza Group PLC (LON:DOM) saw its shares rise more than 4% after announcing a £20 million share buyback program. The program began immediately following the announcement and will continue until completion, with the aim of reducing the company’s share capital. Tesco stock advances after JPMorgan puts it on Positive Catalyst Watch Tesco PLC (LON:TSCO) shares climbed over 2% after J.P. Morgan placed the retailer on its Positive Catalyst Watch. The brokerage maintained its "overweight" rating while raising its price target to 500p from 450p, citing stronger-than-expected earnings momentum and margin visibility. UK watchdog opens investigation into Greencore-Bakkavor deal Meanwhile, the UK Competition and Markets Authority has initiated a preliminary investigation into Greencore Group’s (LON:GNC) planned £1.2 billion acquisition of Bakkavor Group PLC (LON:BAKK). The deal would combine two of the country’s largest convenience and chilled food suppliers. The CMA stated in a Monday notice that it had received sufficient information to begin its first-stage investigation. Get an up-to-the-minute summary from WarrenAI, our powerful AI financial researcher. It's just like ChatGPT for investors, but with access to 1,200+ premium metrics spanning 10 years of data to instantly screen fundamentals, summarize breaking news, and reveal what Wall Street analysts are really saying about TSCO. Ask questions in your own language and get insider answers in seconds. Think of it as your experienced investment partner—always ready to help you think through every angle of TSCO.

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FTSE 100 today: Index rises as pound strengthens; Persimmon, Evoke report earnings Investing.com -- British stocks rose on Wednesday, with the pound strengthening against the dollar, as earnings from U.K. companies including Persimmon and Evoke took center stage. As of 0800 GMT, the blue-chip index FTSE 100 rose 0.1% and the British pound gained 0.3% against the dollar to over 1.35. DAX index in Germany gained 0.5%, the CAC 40 in France rose 0.3%. Persimmon tops margin estimates as Beazley shares fall on forecast cut U.K. homebuilder Persimmon (LON:PSN) reported a first-half 2025 underlying operating margin of 13.1%, exceeding Jefferies’ estimate of 12.3%. The company delivered 4,605 homes, in line with its guidance for a second-half weighted year, while maintaining £123 million in cash. Its return on capital employed reached 11.2%, which Jefferies described as sector-leading. Persimmon maintained its full-year 2025 guidance for completions between 11,000 and 11,500 homes, compared to Jefferies’ forecast of 11,553. The company also projected an underlying operating margin of 14.2% to 14.5% for the full year. Evoke reaffirms FY25 outlook In other corporate news, Evoke (LON:EVOK) reaffirmed its fiscal 2025 revenue growth forecast of 5% to 9% and projected EBITDA margins of at least 20%. At the lower end of guidance, this equates to approximately £368 million, about 3% above market expectations of £356 million. The company’s last-12-month EBITDA stood at £363 million. Evoke’s second-quarter revenue increased by 5%, driven by a 6% rise in online sales, or 7% at constant currency, along with a return to growth in retail. Beazley shares drop as insurer cuts FY premium growth forecast Meanwhile, shares of Beazley PLC (LON:BEZG) fell more than 8% after the U.K. insurer reduced its full-year premium growth forecast, citing softer demand in its cyber and property risk insurance segments. The company now expects gross written premiums to rise in the low-to-mid single digits, down from its previous guidance for mid-single-digit growth. Beazley’s profit before tax for the first half of the year declined to $502.5 million from $728.9 million in the same period a year earlier. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if PSN is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

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🚨 The #Pound is soaring against the Euro! 🚀💷 Will Barnier's "moment of truth" lead to more gains? poundsterlinglive.com/eur/21169-po... @nigeljgreen.bsky.social

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