Daily Stock Market Report (Tue 3rd March 2026) - Agenda

Morning!
The FTSE finished down by 1.2% yesterday as the conflict continued to develop across the Middle East. It closed at 10,780.
This morning, as of 7am, futures are trading as follows:
FTSE futures down 0.6% at 10,680 (update at 8.20am: now down 1.4% at 10,600).Samp;P 500 futures down 0.9%US crude oil up another dollar at $73GBP/USD closed at 134.8 on Friday before the conflict began, and is currently at 133.5.

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

Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)Smiths (LON:SMIN) (£8.5bn | SR70)Acquisition of DRC Heat TransferSmiths has agreed to acquire DRC Heat Transfer for £164m (10x adjusted EBITDA for the calendar year 2025). DRC revenues were £73m in calendar year 2025.Fresnillo (LON:FRES) (£30bn | SR80)Preliminary Results27.6% increase in Adjusted Revenues to US$4.6 billion, 80.7% rise in EBITDA to US$2.8 billion. Outlook: silver production 42.0 to 46.5 moz, gold production 500 to 550 kozIntertek (LON:ITRK) (£7.3bn | SR69)Final ResultsRevenue +4.3%, adjusted operating profit +9.3% (cc), +5% (actual FX). Outlook: mid-single digit LFL revenue growth, margin progression, strong earnings growth and strong free cash flow. Reiterates medium term targets.IG group (LON:IGG)...