FTSE 100 news / Companies and sectors / National Grid / 9 October 2026
National Grid (NG): news on Friday 9 October 2026
+4.5 positive
Coverage was mixed: the Great Grid Upgrade is reported ahead of schedule and a SAR 1.3 billion deal was signed. Against that, analysts cut their fair value and the share price rally is described as fading near resistance.
What drove it
- Great Grid Upgrade
- SAR 1.3bn deal
- analyst fair value cut
The 6 stories
- +10.0 National Grid ahead of schedule on Great Grid Upgrade
Great Grid Upgrade progressing ahead of schedule. - +9.2 National Grid signs SAR 1.3 billion deal: what it means for Saudi Electricity stock
National Grid wins SAR 1.3 billion deal. - −5.0 Analysts cut fair value to GBp 1,339.80 for National Grid stock
Analysts cut fair value estimate. - −3.3 National Grid stock trades near GBX1,166 resistance as short-term rally fades
Rally fading near resistance level. - +2.5 Swansea Council asked to back National Grid plan to bury overhead powerline on Gower coast - https://www.facilitiesmanagement-now.com/
Plan to bury powerline; council backing sought. - 0.0 National Grid stock pre-market at EUR 13.74: unchanged
Share price unchanged pre-market; purely factual.
National Grid: every day · Utilities on 9 October 2026 · FTSE 100 overview for the day