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LSE:RB.L 20 January 2026 - 7 March 2026

FTSE 100 reels from worst week in a year as oil shock hits London stocks

FTSE 100 reels from worst week in a year as oil shock hits London stocks

London shares took their hardest weekly knock in nearly a year, rattled by climbing oil prices and more signs of strain in the U.S. economy that shook confidence at the London Stock Exchange. On Friday, the FTSE 100 shed 1.2%, while the mid-cap FTSE 250 dipped 0.8%. Both indexes just chalked up their roughest week since the sharp drop last April, when U.S. “Liberation Day” tariffs set off a global selloff, according to Reuters. This shift hit traders who’d been counting on rate cuts to prop up valuations, but the oil jump has thrown that calculus off. With energy prices rising, inflation risks get stickier—leaving central banks on edge, particularly in the UK, where fuel and household expenses spark political nerves.
Reckitt Benckiser Shares Sink as 2026 Margin Questions Overshadow Q4 Sales Beat

Reckitt Benckiser Shares Sink as 2026 Margin Questions Overshadow Q4 Sales Beat

Shares of Reckitt Benckiser Group plc tumbled 5.8% in London on Thursday—the steepest loss in nearly a year. The selloff came even as fourth-quarter sales topped expectations, thanks to gains in China and India. Investors zeroed in on management’s refusal to set a 2026 margin target, choosing to sidestep the upbeat revenue news. Pressure on profits after the Essential Home divestment weighed on sentiment. This shift is key for Reckitt, which has been aiming to prove that a more focused health and hygiene lineup can reliably convert top-line gains into better profit growth. The company, tracking a similar playbook to Unilever and Nestle, has been cutting underperformers and leaning heavily into brands with better margins and stronger momentum. But Thursday’s drop made it clear: investors wanted more transparency in the earnings numbers.
Reckitt buyback update: FTSE 100 group repurchases 49,100 shares as dividend vote looms

Reckitt buyback update: FTSE 100 group repurchases 49,100 shares as dividend vote looms

Reckitt Benckiser announced on Tuesday that it bought back 49,100 ordinary shares of 10 pence each on Jan. 19 at a volume-weighted average price of 6,109.49 pence — a price weighted by trade size — and will keep them in treasury. The company now holds 30,244,310 shares in treasury and controls 671,845,015 voting rights. The routine buyback comes as investors gear up for a shareholder vote later this month on a significant one-off cash return linked to the group’s recent portfolio shuffle. Reckitt has scheduled a general meeting for Jan. 27 to approve a 235 pence per share special dividend alongside a 24-for-25 share consolidation—a move to cut the share count and prevent a price drop after the payout. The company wrapped up the sale of its Essential Home business on Dec. 31, keeping a 30% stake in the new acquisition vehicle. “The completion of the divestment of Essential Home is a major step forward in our strategy,” CEO Kris Licht said then. Shares edged down about 0.2% to 6,102 pence by 0957 GMT Monday, the report noted.

Stock Market Today

  • Tesla up 8% as delivery outlook, FSD hopes lift stock; $420 target in sight by 2026
    June 30, 2026, 2:19 AM EDT. Tesla shares jumped 8% to near $412 after Morgan Stanley, Barclays, and Goldman Sachs raised forecasts for second-quarter deliveries, outpacing Tesla's own guidance. Investors responded to steadier demand in China and Europe and new focus on Tesla's Full Self-Driving software, seen as a potential driver for recurring revenue. The company cited record order backlog, higher output at Giga Berlin, and better auto margins. A model with 14% revenue growth and 9% operating margin pegs the 2026 target at $420, making the stock look fully valued after the move. Tesla's sales, FSD take-up, and energy storage progress remain key for next steps.
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