Tritax Big Box Reit (BBOX LN) to join the FTSE 100
Newsquawk Staff ·
Tritax Big Box Reit (BBOX LN) to join the FTSE 100.
What it means
Tritax Big Box Reit joining the FTSE 100 is a significant milestone that typically enhances its visibility and potentially attracts institutional investment. This inclusion may support higher stock valuation through increased liquidity and a reassessment of its risk profile by market participants, particularly in the property sector, where REITs are closely watched for performance and growth prospects.
- JPMorgan Chase (JPM) reportedly faces an additional GBP 100-150mln tax bill following the UK government's decision to double the corporation tax surcharge on banks, potentially jeopardising plans for its new London headquarters, Sky News reports
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- UK confirms it will be removing the standing charge on gas bills. Ofgem will be directed to do this in 2027, or as soon as possible
Related headlines
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip10 hours ago
- UK Chancellor Healey says Rolls-Royce (RR/ LN) will develop next-gen turbine engine technology in the UK, in partnership with the government2 hours ago
- UK bank tax hike will reportedly be temporary, with surcharge less than 8%, according to Bloomberg citing sources4 hours ago
- Canada's Competition Bureau says proposed arrangements between Air Canada and United Airlines (UAL) would lead to higher prices, with the Transport Minister set to review the findings of its investigation42 min ago
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings58 min ago
- [MARKET UPDATE] Limited Gilt reaction on the Chancellor's speech. Upside in Gilts on the DMO remit, size as expected and marked skew away from long-end. OBR commentary then pared some of this.1 hour ago
- UK DMO says gross gilt issuance planned for 2026/27 is GBP 250.6bln (exp. 249.6bln, prev. 246.2bln in April remit)1 hour ago
- Verisk (VRSK) integrates insurance intelligence with Amazon (AMZN) and Microsoft (MSFT) AI platforms1 hour ago
- UK Chancellor Healey says he will introduce Founders' relief for startups, limiting CGT up to 10% up to GBP 10mln2 hours ago
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th2 hours ago
- Newsquawk US Daily Equity Opening News - SKHY surges after op profit beat; NXPI & STX down after results2 hours ago
- T-Mobile (TMUS) CEO to step down from the board2 hours ago
- Stellantis (STLAM IM) earnings call summary: Co. firmly believes will beat initial goal of EUR 2.4bln cost savings in 20272 hours ago
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports2 hours ago
- US PRE-MARKET MOVERS: SKHY, NXPI, ENPH, APH, GOOGL, HOOD, PPG, VRT, GEV, GEHC, BSX, ETSY, WEN, V2 hours ago