FTSE 100 Live 28 October: Big fall in Brent Crude price, index set for steady start

07:17 , Graeme Evans

Rail ticketing firm Trainline today upgraded full-year guidance for the second time in two months.

It now expects ticket sales growth of between 12% and 14%, compared with previous expectations for the top end of a range between 8% and 12%.

Revenues growth for the financial year will now be in the region of 11%-13%, leading to adjusted earnings of about 2.6% of net ticket sales.

The FTSE 250-listed company said: “Trainline has delivered strong growth in H1 FY2025 and is increasingly benefiting from operating leverage as it scales.”

It is due to publish half-year results on 7 November, having previously upgraded guidance in September.

07:03 , Graeme Evans

Brent Crude futures have fallen sharply after Israel avoided oil and nuclear facilities during strikes on Iran over the weekend.

The easing of supply disruption fears pushed the oil price down more than 4% to $72.97 a barrel this morning.

The FTSE 100 index, meanwhile, is forecast to open 12 points higher at 8261.

On Friday, the Dow Jones Industrial Average finished a disappointing week with a decline of 0.6%. The tech-focused Nasdaq Composite improved 0.6%.