Welcome to today’s Five at Five – the EOB snapshot of the five most impactful market stories shaping investor sentiment.
1. BAT slips lower as guidance lacks spark
British American Tobacco shares drifted lower as cautious guidance offered few catalysts to shift sentiment on the stock. Read more…
2. Tesco drops and Sainsbury's gains as retail sales hit by pre-Budget jitters
A mixed session for the UK grocers saw Tesco come under pressure while Sainsbury’s edged higher as shoppers reined in spending ahead of the Budget. Read more…
3. FTSE 100 in unsettled day of trading, Unilever bounces, Tesco loses
London’s leading index swung between gains and losses, with Unilever rebounding after its restructuring while Tesco lagged on softer retail sentiment. Read more…
4. Unilever shares jump after ice cream split, share consolidation
Unilever shares traded sharply higher as investors welcomed the completed spin-off of its ice cream business alongside a supporting share consolidation. Watch here…
5. Melanoma trial success moves Scancell to phase III
Scancell moved its melanoma programme into phase III after encouraging trial results, lifting expectations around its late-stage oncology pipeline. Read more…