Diageo share price slips as UK inflation gauge jumps and rate bets reset

Diageo share price slips as UK inflation gauge jumps and rate bets reset

Diageo shares fell 0.7% to 1,643.4 pence in early London trade Tuesday, after closing at 1,655 pence. The British Retail Consortium’s shop price index rose 1.5% in January, the fastest annual pace since February 2024, with food prices up 3.9%. A Reuters poll shows most economists expect the Bank of England to hold rates at 3.75% next week. Diageo reports interim results on Feb. 25.
Rio Tinto share price slips as Glencore deadline nears and HSBC turns cautious

Rio Tinto share price slips as Glencore deadline nears and HSBC turns cautious

Rio Tinto shares fell 0.8% to 6,622 pence in early London trading Tuesday after HSBC downgraded the stock to “hold.” The move comes as Rio faces a Feb. 5 deadline to announce its intentions in merger talks with Glencore. Iron ore futures slipped in Asia, adding pressure. Perpetual Limited disclosed a 2.03 million share stake in Rio as part of ongoing regulatory filings.
British American Tobacco stock slips as Capital Group trims stake; buyback filing keeps BAT share price in focus

British American Tobacco stock slips as Capital Group trims stake; buyback filing keeps BAT share price in focus

British American Tobacco shares dipped 0.2% to 4,299p after The Capital Group Companies trimmed its voting stake to 18.87%. BAT bought back 101,395 shares on Jan. 23, planning to cancel them, leaving 2.18 billion shares outstanding. The company maintains a £1.3 billion buyback plan for 2026 amid subdued growth forecasts and regulatory pressures. Earnings are due Feb. 12.
27 January 2026
Reckitt Benckiser share price dips after Philippines recall scare; RKT eyes dividend vote

Reckitt Benckiser share price dips after Philippines recall scare; RKT eyes dividend vote

Reckitt shares fell 0.3% to 5,938 pence in early London trading after the company denied reports of a product recall in the Philippines, stating the cited infant formula is not sold there. Investors are watching a shareholder vote Tuesday on a 235 pence special dividend and share consolidation. Reckitt repurchased over 51,000 shares on Jan. 26 at an average price of 5,876.10 pence. Full-year results are due March 5.
27 January 2026
RBA rate call hangs on CPI: Big banks split as Australia inflation data looms

RBA rate call hangs on CPI: Big banks split as Australia inflation data looms

Commonwealth Bank warned Tuesday that underlying inflation may run hotter than expected, reviving the chance of a Reserve Bank rate hike in February. The Australian Bureau of Statistics will release key inflation data Wednesday, with investors focused on the trimmed mean measure. Markets remain volatile as households brace for possible higher mortgage repayments.
HSBC stock jumps in Hong Kong as Hang Seng delisting nears and profit-target talk builds

HSBC stock jumps in Hong Kong as Hang Seng delisting nears and profit-target talk builds

HSBC shares rose 2.8% in Hong Kong after the bank confirmed its court-approved plan to take Hang Seng Bank private, with Hang Seng’s listing set to end at 4 p.m. local time. Investors are watching for possible upgrades to HSBC’s profitability targets in annual results due Feb. 25. The U.S. Federal Reserve’s rate decision Wednesday is expected to influence global bank shares.
27 January 2026
National Grid’s North Sea “GriffinLink” plan puts its share price back in focus

National Grid’s North Sea “GriffinLink” plan puts its share price back in focus

National Grid and Germany’s TenneT announced a 2-gigawatt North Sea power link, aiming for completion in the late 2030s. The move follows a Hamburg pact by 10 countries to build 100 GW of shared offshore wind. National Grid shares rose 0.4% in early London trading Monday. The new project targets cross-border electricity transmission between Britain and Germany.

Stock Market Today

SMIC stock set for results test this week as Hong Kong market reopens

SMIC stock set for results test this week as Hong Kong market reopens

8 February 2026
SMIC shares closed up 0.22% at HK$67.60 on Friday in Hong Kong. The board will announce unaudited results on Feb. 10, and shareholders vote Feb. 12 on acquiring the remaining 49% of SMNC. The register of members closes Feb. 9–12. SMIC plans to pay mainly with new RMB shares.
MediaTek stock price drops 3.4% as Taiwan market shuts; what investors watch next week

MediaTek stock price drops 3.4% as Taiwan market shuts; what investors watch next week

8 February 2026
MediaTek shares closed down 3.4% at NT$1,710 on Friday in Taipei, with 11.8 million shares traded before the market shut for the weekend. The company said it will double investment in data-center chips and advanced packaging, while warning of rising supply chain costs. Fourth-quarter sales rose 8.8% to NT$150.2 billion, but net income slipped 3.6%. Investors face uncertainty ahead of the Lunar New Year break and a weaker tech sector mood.
Arm Holdings stock rallies into weekend on AI spending hopes — Monday’s next test

Arm Holdings stock rallies into weekend on AI spending hopes — Monday’s next test

8 February 2026
Arm Holdings’ U.S. shares jumped 11.6% Friday to $123.70, capping an 18% two-day rebound amid a rally in chip stocks tied to AI data-center spending. The gains followed Arm’s fiscal Q3 revenue beat, but executives warned memory shortages could cut royalty revenue by up to 2% as smartphone chip shipments are expected to fall 7% in 2026. Investors now await Arm’s “Arm Everywhere” event on March 24.
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