FTSE 100 Extends Losses

2026-02-06 08:43 By Joana Ferreira 1 min. read

London’s FTSE 100 fell 0.3% to around 10,280 points on Friday, extending the previous session’s decline, with data and software stocks leading the losses amid growing concerns that AI could disrupt their business models.

Data analytics group RELX slid more than 4%, while LSEG dropped 2.8% and Experian fell 1.6%.

Sage Group, Pearson and Informa also traded sharply lower.

Mining stocks came under additional pressure as copper and iron ore prices weakened and reports emerged that merger talks between Rio Tinto and Glencore had collapsed.

Glencore, which has pursued a tie-up with Rio Tinto for more than a decade, was said to have pushed for a 40% stake in the combined entity, a demand that ultimately derailed discussions.

Shares in both miners fell more than 1%, while Antofagasta, Fresnillo and Endeavour also declined.

Elsewhere, energy stocks outperformed the broader market, supported by higher oil prices after Iran and the US began nuclear talks in Oman.



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