financetom
Market
financetom
/
Market
/
FTSE 100 closes at record high as investors assess earnings and US-Japan trade deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FTSE 100 closes at record high as investors assess earnings and US-Japan trade deal
Jul 23, 2025 9:36 AM

*

FTSE 100 up 0.4%, FTSE 250 up 0.4%

*

Informa ( IFPJF ) rises on revising 2025 revenue growth forecast

*

J D Wetherspoon ( JDWPF ) up after reporting a rise in sales

*

Hochschild up on stronger-than-expected quarterly silver

output

(Updates with market closing prices)

July 23 (Reuters) - Britain's FTSE 100 rose on Wednesday

to a record close for a third straight session, helped by

positive corporate updates, while a U.S.-Japan trade deal also

boosted global sentiment.

The benchmark FTSE 100 closed up 0.4% at 9,061.49

points. The domestically oriented midcap FTSE 250 also

gained 0.4%.

U.S. President Donald Trump struck a trade deal with Japan,

lowering tariffs on auto imports and sparing Tokyo from

punishing new levies on other goods in exchange for a $550

billion package of U.S.-bound investment and loans.

The UK's automobiles and parts index rose

2.5%, tracking strength in Asian rivals. Aston Martin

and Dowlais Group ( DWLAF ) gained 8.1% and 1.2%, respectively.

Healthcare stocks rose 2.5%, with AstraZeneca ( AZN )

and GSK gaining 3.1% and 1.8% respectively.

Medical equipment and services rose 1.5%,

with a boost from Smith+Nephew, up 1.8%.

Media stocks advanced 2.2%, boosted by

Informa's ( IFPJF ) 4.9% rise after the events and academic

publishing group raised its annual underlying revenue growth

forecast.

Conversely, construction and materials stocks

lost 1.5%, with Breedon Group ( BRDNF ) down 7.5%, after the

company forecast annual results at the low end of market

expectations.

In company news, Alpha Group hit a record high and

was last up 25.6% after U.S. payments firm Corpay ( CPAY ) said

it would buy the financial services provider in a $2.2 billion

(1.6 billion pounds) cash deal.

Hochschild Mining rose 7.6% on

stronger-than-expected quarterly silver output.

J D Wetherspoon ( JDWPF ) gained 1.9% after the pub group

reported a rise in sales in recent weeks since May.

British stocks have rallied this year, pushing the FTSE 100

to all-time highs in recent weeks, as hopes of interest rate

cuts, optimism over the UK-U.S. trade deal and a surge in

commodity prices lifted sentiment.

Traders are currently pricing in an 89% chance of a 25 basis

point BoE cut next month, according to data compiled by LSEG.

This week, attention is on the UK flash Purchasing Managers'

Index for July, due on Thursday, and retail sales data for June

on Friday.

Meanwhile, India and Britain will sign a free trade

agreement on Thursday during Indian Prime Minister Narendra

Modi's visit to Britain, officials said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Futures tick up after Wall Street hits record highs
Futures tick up after Wall Street hits record highs
Mar 22, 2024
(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
US STOCKS-Futures tick up after Wall Street hits record highs
US STOCKS-Futures tick up after Wall Street hits record highs
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...
US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
Copyright 2023-2026 - www.financetom.com All Rights Reserved