The FTSE 100 fell more than 0.5% on Thursday, underperforming other European markets as investors monitored developments in US-Iran peace negotiations and weaker oil prices pressured energy shares. Brent crude slipped below $100 per barrel, dragging down oil majors Shell and BP by more than 2%. Utilities also came under pressure, with Centrica, Severn Trent, United Utilities and SSE falling between 2% and 5%. Shell reported quarterly profit above expectations with adjusted net income of $6.92 billion, though it reduced its share buyback program to $3 billion from $3.5 billion. Centrica warned retail profit would likely come in near the lower end of guidance due to warmer weather and ongoing bad debt challenges. BAE Systems dropped over 3% despite reaffirming its sales outlook on strong defence demand. In contrast, travel and leisure stocks, including InterContinental Hotels, Whitbread, easyJet, Ryanair and IAG outperformed as lower fuel prices supported sentiment.
United Kingdom's main stock market index, the GB100, fell to 10367 points on May 7, 2026, losing 0.68% from the previous session. Over the past month, the index has declined 2.28%, though it remains 21.52% higher than a year ago, 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 7 of 2026.
United Kingdom's main stock market index, the GB100, fell to 10367 points on May 7, 2026, losing 0.68% from the previous session. Over the past month, the index has declined 2.28%, though it remains 21.52% higher than a year ago, 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 10249.11 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 9680.95 in 12 months time.