Daily Stock Market Report (Mon 9th March 2026) - CKN, NRR, KETL, SAA

Good morning! I hope you had a good weekend.
Overnight action is fairly dire in the major indices:
FTSE futures are down 1%Samp;P 500 futures are gapping lower and currently down 1.6%EURO STOXX 50 down 2.9%
US oil futures are up $12 at $102.50, while Brent crude is up $14 at $107.
It looks set to be another dramatic week as financial markets digest the impact of the ongoing conflict in the Middle East.
8am update: The FTSE is opening down 1.2%. Reuters reported yesterday that "Iraqi oil production from its main southern oilfields has fallen by 70% to just 1.3 million barrels per day as the country is unable to export oil via the Strait of Hormuz ​due to the Iran war, three industry sources said on Sunday." Perhaps it's prudent to assume that this situation is going to persist for some time?

We're finished for today, thank you. Spreadsheet accompanying this report: link.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)GSK (LON:GSK) (£83bn | SR92)GSK and Alfasigma agree global linerixibat rightsAlfasigma will acquire worldwide exclusive rights to develop, manufacture and commercialise linerixibat, which is being developed as a treatment for cholestatic pruritus in primary biliary cholangitis. GSK will receive $300m upfront, plus...