FTSE 100 Rebounds on Friday

2026-01-09 08:22 By Agna Gabriel 1 min. read

The FTSE 100 traded higher on Friday, snapping a two-day losing streak as strength in energy, defence and mining stocks lifted the index back into positive territory.

Gains were led by the mining sector after reports of talks between Glencore and Rio Tinto over a potential mega-deal sparked merger-and-acquisition optimism.

Glencore shares jumped around 7.5%, hitting their highest level since July 2024, while other miners such as Antofagasta and Anglo American also advanced as deal speculation spread across the sector.

In contrast, Rio Tinto shares fell about 3%.

Oil majors Shell and BP rose more than 1.5% as crude prices climbed for a second straight session, while defence stocks, including Rolls-Royce and BAE Systems, gained over 1% amid continued support for the sector.

Meanwhile, healthcare stocks lagged, and retailers underperformed after Sainsbury’s shares fell more than 5% following a subdued festive trading update.



News Stream
The FTSE 100 Index Closes 1.45% Lower
The FTSE 100 Index fell -146 points or 1.45 percent on Friday to close at 9917 points. Leading the losses are Smiths (-10.85%), Babcock International (-4.12%) and Antofagasta (-3.96%).
2026-03-20
FTSE 100 Hits 2026 Low on Oil Surge, Rate Hike Fears
The FTSE 100 dropped more than 1% on Friday to its lowest level this year as rising oil prices and growing expectations of rate hikes weighed on sentiment, with investors concerned that higher energy costs could trigger an inflation spiral. The Bank of England’s more hawkish tone has reinforced the likelihood of tighter policy. Banking stocks declined, with HSBC down 1.8%, Lloyds 1.6% and Barclays 2%, while oil majors Shell and BP fell 1% and 3.3%. Healthcare names AstraZeneca and GSK also slipped, alongside heavyweights Rolls Royce, BAT, Rio Tinto and Glencore, while BAE Systems lost 3%. Travel stocks offered some support, with EasyJet up nearly 2% and IAG 1.4%. The index is down about 2.7% this week, marking a third consecutive weekly loss.
2026-03-20
Stocks in United Kingdom Hit 10-week Low
GB100 decreased to 9997.00 Index Points, the lowest since January 2026. Over the past 4 weeks, United Kingdom Stock Market Index (GB100) lost 6.39%, and in the last 12 months, it increased 15.67%.
2026-03-20