FTSE 100 Falls, BP Down by Over 5%

2026-02-10 08:56 By Agna Gabriel 1 min. read

The FTSE 100 fell more than 0.5% on Tuesday after two sessions of gains as losses in heavyweight energy, banking and mining stocks weighed on the index.

BP dropped over 5% after suspending its share buyback, while Standard Chartered fell about 4.5% following the surprise departure of its CFO.

Other large caps also declined, including HSBC down 0.7% and Rolls Royce lower by around 1.8%.

Miners came under pressure as metals prices including gold, silver and copper weakened, dragging Antofagasta, Fresnillo, Endeavour, Rio Tinto, Anglo American and Glencore lower.

Gains in Barclays after earnings, along with strong results and guidance from AstraZeneca, provided some support.

Homebuilders also advanced after Bellway reported improving demand and higher reservations at the start of the spring selling season, limiting broader losses.



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