London, Feb 2, 2026, 08:13 GMT — Regular session underway.
- RELX shares climbed in early trade, defying the weaker trend seen across UK stocks.
- Futures signaled a softer start for the FTSE 100 after commodities took another hit, shaking investor confidence.
- Investors are eyeing RELX’s full-year results due Feb. 12, alongside its ongoing buyback program.
RELX shares on the London Stock Exchange climbed roughly 0.9% to 2,602 pence by 0813 GMT, up from a previous close of 2,579 pence.
The initial rise unfolded while the wider market braced for a tough week ahead. IG’s futures data pointed to the FTSE 100 opening about 0.7% down.
Commodities took another hit following last week’s wild gyrations. Gold dropped 9%, while silver plunged over 13%, triggered by the announcement of Kevin Warsh as the incoming Federal Reserve chair. On top of that, CME Group bumped up margin requirements on metal futures — basically the cash investors must hold to maintain leveraged bets.
“Risk aversion is tightening its grip on financial markets this morning, pushing gold and silver further down,” said Kathleen Brooks, research director at XTB. Vox Markets
RELX delivers information-driven analytics and decision tools to professional and business clients worldwide. The company notes its shares are also listed in Amsterdam and New York.
The group is conducting a non-discretionary share buyback of up to £250 million, set to conclude on Feb. 6, with UBS handling the process. A buyback means the company is buying back its own shares, potentially lowering the share count and boosting earnings per share.
Investors await the annual update this month, focusing on revenue growth projections and cost outlooks. They’ll also watch for any signs of changing client spending amid the volatile macro environment.
Yet the stock won’t hold up if selling picks up pace. A sudden shift in rate expectations or another wave of forced unwinds in crowded trades could still drag down reliable earners.
The calendar is packed with key macro events: policy announcements from the Reserve Bank of Australia, the European Central Bank, and the Bank of England, along with Friday’s U.S. payrolls report, will test markets this week.
RELX investors are eyeing the upcoming results for the year ending Dec. 31, set to be released on Feb. 12.
