The FTSE 100 fell 0.7% on Thursday, ending an eight-session winning streak as broad declines across banks, healthcare and utility stocks outweighed gains in energy and defence shares. Sentiment shifted throughout the session after renewed US airstrikes on Iran pushed oil prices higher, before an Axios report later suggested the US and Iran were close to extending their ceasefire pending approval from President Donald Trump. HSBC fell around 1.7%, while Lloyds and Barclays lost 0.7% to 0.8%. AstraZeneca dropped 1.8% and GSK fell 1.2%, while Unilever and BAT each declined about 1.4%. Utilities were among the weakest performers, with National Grid and Severn Trent down more than 3%, while Centrica and SSE also fell after SSE warned it is unlikely to meet its 2030 renewable energy target. In contrast, Shell and BP posted modest gains, while defence stocks rallied with Rolls Royce (+1.5%), BAE Systems (>3%) and Babcock (~5%) all moving higher.
United Kingdom's main stock market index, the GB100, fell to 10433 points on May 28, 2026, losing 0.69% from the previous session. Over the past month, the index has climbed 2.15% and is up 19.69% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. Historically, the United Kingdom Stock Market Index (GB100) reached an all time high of 10934.94 in February of 2026. United Kingdom Stock Market Index (GB100) - data, forecasts, historical chart - was last updated on May 28 of 2026.
United Kingdom's main stock market index, the GB100, fell to 10433 points on May 28, 2026, losing 0.69% from the previous session. Over the past month, the index has climbed 2.15% and is up 19.69% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. The United Kingdom Stock Market Index (GB100) is expected to trade at 10386.27 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 9728.39 in 12 months time.