The UK's blue-chip index was lifted by its heavyweight energy constituents after oil prices jumped nearly 4% on news of fresh U.S. military strikes against Iran. Broader European markets slipped amid the heightened geopolitical risk.
The specialist recruitment firm's stock rallied after a Q2 trading update showed a dramatic slowdown in profit decline and the company maintained its full-year guidance, easing investor concerns.
The Norwegian insurer's stock gained after reporting second-quarter pretax profit and a combined ratio that significantly surpassed analyst expectations, signaling strong underlying profitability.
Military exchanges between the U.S. and Iran intensified over the weekend, with Tehran targeting U.S. bases across the Gulf and again declaring the Strait of Hormuz closed, causing a sharp rise in global oil prices.
The world's largest contract chipmaker reported a significant year-on-year revenue increase for the second quarter, driven by sustained, high-volume orders for advanced semiconductors used in artificial intelligence.
Investment firm BTIG has reiterated its "Buy" rating and $110 price target on ServiceTitan (TTAN), naming it the top SMID-cap pick due to its strategic position in the AI-powered home services market.
The instant-service equipment operator confirmed its full-year outlook, citing a recovery in trading since May after a temporary slowdown in April linked to weaker consumer spending in France. First-half profit fell slightly, but the company's laundry division showed strong growth.
UK software firm Pennant International Group reported a 31% increase in first-half revenue to £5.9 million, driven by improved margins and key contract wins. The company expects to meet full-year targets and anticipates a stronger performance in the second half of 2026.
The rand weakened alongside other emerging-market currencies as escalating geopolitical friction between the U.S. and Iran prompted a flight from riskier assets. A sharp rise in oil prices also contributed to market jitters.
