FTSE 100 Trades at 1-Month Low
2025-11-21 08:53
By
Agna Gabriel
1 min. read
The FTSE 100 fell 0.6% to a one-month low and is heading for a 2.5% weekly drop, its worst since April, as renewed worries about an AI-driven market bubble hit UK and European equities.
Cyclicals and risk-sensitive names led declines: Rolls-Royce and Babcock slipped around 3–3.5%, BAE Systems fell 1.6%, BP and Shell dropped 1.4% and 1.1%, and major miners lost 1.2–4%.
Banks were also weak, with Standard Chartered, Barclays, Lloyds and HSBC down 1.1–2.3%.
UK lenders have been among the biggest drags this week, while energy stocks struggled alongside softer Brent prices.
Babcock reported in-line first-half revenue and kept its outlook, reaffirming targets for an 8% margin in 2026 and over 9% longer-term, supported by strong defence and nuclear demand.
Despite the sell-off, the FTSE slightly outperformed continental peers thanks to strength in defensives.
Unilever and RELX gained about 1%, while Diageo rose 1.5%, as investors sought steady earnings.