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LSE:TPK 26 May 2026

FTSE Opens Up as Oil Moves, But Investors on Watch

FTSE Opens Up as Oil Moves, But Investors on Watch

The FTSE 100 rose 0.86% to 10,556.60 after the spring bank holiday, led by gains in Kingfisher and oil-linked stocks. Kingfisher reported a 0.7% drop in first-quarter like-for-like sales but kept its profit target. Brent crude climbed over 2% to $98.21 after U.S. strikes in southern Iran. UK shop prices rose 1.2% in May from a year earlier, the British Retail Consortium said.

Stock Market Today

  • Jio and NSE IPOs Face Retail Investor Caution Amid Market Uncertainty
    June 23, 2026, 12:24 AM EDT. Jio and National Stock Exchange (NSE) initial public offerings (IPOs) are set to test cautious retail investors in India. While global markets in Taipei and Seoul surged-tripling Korean stocks and doubling Taiwanese equities-the Indian benchmark index has remained largely flat over the past two years. The muted performance reflects broader market uncertainty and underscores the cautious stance among Indian investors toward new stock listings.

Latest articles

Amazon Stock Just Got Hit Before Prime Day — AI Spending Fears Are Back

Amazon Stock Just Got Hit Before Prime Day — AI Spending Fears Are Back

23 June 2026
Amazon shares plunged 4.75% to $232.79 as investors questioned whether the company’s massive AI and cloud spending will pay off quickly enough, just ahead of Prime Day—a key test of U.S. consumer demand—with Bank of America projecting $21.6 billion in sales for the event and analysts warning that profit quality could disappoint if shoppers focus on lower-margin essentials.
Keel Shares Hit Record—What’s Next for the Stock

Keel Shares Hit Record—What’s Next for the Stock

23 June 2026
Keel Infrastructure Corp. surged 5.9% to a 52-week high as investors bet its power sites can be converted to AI data-center leases, with shares ending at $6.66 on heavy volume; the stock’s rally now hinges on permits, construction, and landing customer contracts, while upcoming Russell 3000 index inclusion and recent $458 million convertible note financing add both opportunity and dilution risk.
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