Segro bid rejection lifts FTSE 100 as gold and oil sink

Corporate ActionCommodityMacro
โดย Alliance News·Read original
Summary · why it matters

The FTSE 100 closed higher on Wednesday, lifted by a surge in property stocks after Segro rejected a £12.6 billion takeover proposal from US logistics giant Prologis. Segro shares jumped 17%, sparking gains across the sector, with Tritax Big Box REIT up 6.4% and British Land and Land Securities both up 4.1%. Housebuilders also advanced, with Barratt Redrow and Persimmon rising 6.6% and 5.8% respectively, supported by a further fall in UK bond yields and Berkeley Group's full-year profit slightly ahead of guidance. The gains offset a slump in mining and energy stocks as gold fell to $4,014.40 an ounce and Brent crude slipped below $75 a barrel for the first time since the start of the Middle East war, dragging BP down 3.7% and Shell down 1.9%. The FTSE 100 closed up 32.78 points, or 0.3%, at 10,461.63, while the FTSE 250 added 0.8% and the AIM All-Share fell 0.7%.

Impact on stocks 13

Real Estate± Mixed · 6 stocks
Segro Plc
SGRO
▲ PositiveCapitalrelevance

Segro rejected a £12.6 billion takeover proposal from Prologis, sending shares up 17%.

Prologis Inc
PLD
▼ NegativeCompetitionrelevance

Prologis's £12.6 billion takeover proposal for Segro was rejected, indicating a failed acquisition attempt and potential competitive setback.

British Land Company PLC
BLND
▲ Positiverelevance

British Land shares rose 4.1% as part of sector-wide rally after Segro bid rejection, but no company-specific news.

Land Securities Group PLC
LAND
▲ PositiveCapitalrelevance

Sector-wide rally after Segro's bid rejection lifted property stocks, including Land Securities.

Consumer Discretionary▲ · 3 stocks
Barratt Redrow plc
BTRW
▲ PositiveMonetaryrelevance

Barratt Redrow rose 6.6% supported by further fall in UK bond yields, lowering borrowing costs.

Persimmon PLC
PSN
▲ PositiveMonetaryrelevance

Housebuilders rose on falling UK bond yields and Berkeley Group's profit slightly ahead of guidance.

Energy Transition & Power Demand▼ · 2 stocks
BP PLC
BP
▼ NegativeDemandrelevance

Brent crude slipped below $75 for first time since Middle East war, dragging BP down 3.7%.

Shell plc
SHEL
▼ NegativeSupplyrelevance

Brent crude slipped below $75 for the first time since the Middle East war, dragging Shell down 1.9%.

Industrials▲ · 1 stocks
Cloud & Digital Infrastructure▲ · 1 stocks
© 2026 MarketDXNews