LONDON, Feb 9, 2026, 09:40 GMT — Regular session
- Halma edged up 0.65% to 3,570p as of 09:24 GMT, while the FTSE All-Share gained 0.29%.
- The move comes as European markets bounce back, following last week’s volatility tied to AI.
- HLMA’s next possible mover: a trading update lands March 12
Halma (HLMA.L) was up 23 pence at 3,570 pence by 0924 GMT Monday, a 0.65% move, outpacing the FTSE All-Share index’s 0.29% gain. 1
European shares found some footing after last week’s slide, when investors questioned the payoff from massive bets on artificial intelligence. “This is still healthy rotation within broader European stocks,” said Chris Beauchamp, chief market analyst at IG Markets. 2
Macro factors are carrying plenty of weight right now. Investors are eyeing a packed schedule of U.S. data—jobs, inflation, spending—all set to land this week and potentially shake up those June Fed rate cut wagers. In a note to clients, Bank of America analysts pointed to a “rotation from AI spenders to beneficiaries.” 3
Halma pitches itself as a global “life-saving technology” group, with products spanning Safety, Environment, and Health. The company’s offerings run the gamut: fire safety, gas detection, water analysis systems, even medical devices. 4
Shares kicked off at 3,546 pence, dipping to 3,534 and peaking at 3,578 in the first stretch. By roughly 0926 GMT, trading volume was sitting at 56,000 shares, according to market data. 5
Investors aren’t just watching one morning move; the bigger concern is whether high-quality UK industrials will be able to hold steady if rate expectations start shifting once more.
Halma’s shares aren’t exactly cheap. Broker data shows its price-to-earnings ratio hovers near 38 — investors are paying a hefty premium for every pound of earnings. 6
That premium works both sides—it’s a cushion when things are steady, but when risk appetite sours or the next update suggests demand is slipping, it can amplify the swings.
Halma’s financial calendar puts its next key event—a trading update—on March 12, just before the March 31 year-end. Full-year results land June 11. 7
