AUS
NZ
UK
CA
USA
IND
_06_25_2026_13_06_53_422260.jpg)
Highlights
FTSE 100 and FTSE 250 indices advanced following a delay in US-EU tariffs
Defence-related stocks led the rally amid renewed geopolitical tensions
Corporate activity and broker moves lifted Elementis, Jupiter Fund, and Burberry
The FTSE 100 and FTSE 250 indices of the broader FTSE 350 made gains in the first trading session after a holiday break, reflecting a shift in global trade sentiment and renewed interest in key domestic sectors. The upturn followed the announcement from the United States to postpone a proposed increase in tariffs on the European Union, easing trade-related tensions.
Defence sector rallies on sanctions warning
The aerospace and defence sector showed strong upward movement during the session. Market participants responded to news related to global geopolitical developments, specifically comments pointing to further restrictions aimed at Russia. Melrose Industries PLC (LON:MRON) and BAE Systems PLC (LON:BAES) were among the prominent risers within the FTSE 100 index, reflecting heightened interest in defence manufacturing and technology.
Elementis gains on business divestment
Elementis PLC (LON:ELM), a chemicals group with a specialty focus, advanced during the session following the announcement of the divestiture of its talc business. The agreement to transfer the business to IMI Fabi, a move aligned with streamlining strategies across the sector, supported the company's share movement within the FTSE 250 index.
Broker action lifts Jupiter Fund and Burberry
Jupiter Fund Management PLC (LON:JUP) moved upward after a change in rating from a UK-based brokerage firm. This reassessment of the company's stock classification contributed to stronger performance in the financial services segment during the day.
Luxury fashion house Burberry Group PLC (LON:BRBY) also registered gains. The positive shift followed a stock rating update issued by a major financial institution. The reclassification placed the company within a neutral tier, supporting renewed interest in the consumer discretionary segment of the FTSE 100 index.
Broad-based uptick led by international and domestic sentiment
The movement across the FTSE 350 reflected a broader alignment of international news flow with local corporate actions. Delays in tariff enforcement between the United States and the European Union eased earlier concerns, while statements about additional international sanctions directed market focus towards defence and aerospace companies.
The combination of macroeconomic developments and company-specific updates shaped the performance across both large-cap and mid-cap segments, with stocks in the chemicals, defence, financial services, and luxury retail sectors among the most actively tracked during the trading session.
