Group 1: Precious Metals Market - Gold and silver miners are experiencing significant gains, with Fresnillo shares up 3.3% and Endeavour Mining up 3.1% on the FTSE 100, driven by rising precious metals prices due to tariff uncertainties [1] - The price of gold reached a three-month high above $5,170 per ounce before settling at $5,125 [1] - Silver prices increased by 1.7% to $86 per ounce, having approached $88 earlier, marking a two-week high [2] Group 2: Company News - Johnson Matthey has reduced the sale price of its Catalyst Technologies division to Honeywell from £1.8 billion to £1.325 billion, reflecting a challenging market environment and deferral of key licensing projects [4][5] - The company plans to return approximately £1 billion to shareholders, down from an earlier estimate of £1.4 billion [4] Group 3: Market Overview - The FTSE 100 opened lower, down 16 points to just below 10,671, with notable declines in companies such as Johnson Matthey, which fell 12.7% [3] - JD Sports emerged as a top riser after announcing a £200 million share buyback [3]
FTSE 100 Live: Stocks inch higher after Trump tariff reset, US stocks fall
Yahoo Finance·2026-02-23 14:56