
Source: Sharecast
Futures indicate that the FTSE 100 will open little changed from Friday's closing price of 8,992.12, just shy of the 8,998.06 all-time closing high reached last Monday.
The UK benchmark index briefly topped the 9,000-point mark in intraday trading multiple times last week, but has yet to settle above that price.
There will be no major economic data for investors to digest over Monday and Tuesday, though figures from Rightmove released earlier showed that the average house price in the UK fell by 1.2% in July to £373,709. This was the steepest monthly decline in more than two decades.
In equity news, energy major BP has announced that former CRH boss Albert Manifold will succeed Helge Lund as chair of the company, joining the board on 1 September.
UK healthcare property investor Assura on Monday posted a 16.6% rise in annual net rental income and swung to a profit as it eyed growth opportunities in the UK. The company, which is currently the subject of a bidding war between rival Primary Health Properties and a KKR/Stonepeak consortium, posted pre-tax earnings of £166m, compared with a loss of £28.7m a year earlier.
Molecular technology business Oxford Nanopore said that it had delivered a "strong" first half performance, with reported revenues expected to be up by a quarter year-on-year. Oxford Nanopore reported revenues were up 25% at £105.0m, with growth being the strongest across its PromethION product range, up approximately 59% against FY24.
In other news, the London Stock Exchange Group is reportedly studying whether to move to 24-hour trading. Citing people with knowledge of the matter, the Financial Times reported on Sunday that the market operator was looking into what would required in order to do so. Any change would be part of a wider strategy of rolling out new products and services. Several of the main US markets have already filed for permission to begin around-the-clock trading.