Daily Stock Market Report (Mon 2nd March 2026) - Agenda

Good morning!
After the strikes in Iran over the weekend, markets are currently set to open as follows:
Samp;P 500 down 1.5%FTSE down 0.8%VIX Volatility Index has moved from 21 to 22Gold up 2% at $5,400 US crude oil up $5 at $72

Today's Agenda is complete. Spreadsheet accompanying this report: link.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)SSE (LON:SSE) (£33bn | SR64)SSEN Transmission accepts Ofgem’s RIIO: T3 Final DeterminationThe transmission business has accepted the RIIO-T3 final determination as “an investable and deliverable settlement overall”. This price control period runs from April 2026 to March 2031.Smith amp; Nephew (LON:SN.) (£11.7bn | SR53)Final ResultsRevenue up 6.1% to $6,164m, Trading profit up 15.5% to $1,211m. Met or exceeded 2025 targets for revenue growth, profitability and cash flow. 2026 outlook: targeting further progress, expect Trading profit of c.$1.3bn with free cash flow “around $800 million”.Sage (LON:SGE) (£7.8bn | SR35)Share Buyback ProgrammeBeginning share buyback programme of £300m, to be completed by 5 June 2026.Phoenix Group (LON:PHNF^K16) / Standard Life (LON:SDLF) (£7.7bn | SR57)Change of NamePhoenix Group will change its name to Standard Life from 8am today....