Daily Stock Market Report (Mon 24th November 2025) - Agenda

Good morning!
The Budget is coming up on Wednesday - always an exciting day for UK markets.

The agenda is complete.
Spreadsheet accompanying this report: link (last updated to: 10th November).

Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)AstraZeneca (LON:AZN) (£214bn | SR75)AstraZeneca manufacturing investment in MarylandPlans to invest $2bn to expand its existing Frederick and Gaithersburg facilities, adding manufacturing and development capacity.BHP (LON:BHP) (£101bn | SR95)Statement regarding proposal for Anglo AmericanBHP confirms it is no longer considering a combination of the two companies.IMI (LON:IMI) (£5.9bn | SR73)IMI agrees sale of Truflo MarineSold Truflo Marine business to Fairbanks Morse Defense for an enterprise value of £225m. Expect completion mid-2026.Cerillion (LON:CER) (£400m | SR34)Final ResultsRev +4%, pre-tax profit +10% to £21.7m. New orders +25%, order backlog +21% to £56.9m. 2026 outlook positive, broker forecasts broadly unchanged.TT electronics (LON:TTG) (£241m | SR76)Trading UpdateJul-Oct revenue was £150m, “broadly flat” versus H1 2025. FY25 guidance unchanged (adj op profit £33.7m) but this outcome will require “significant step up in” in Nov/Dec, with c.£12m of op profit needed during this period....