The FTSE 100 Index Closes 0.69% Lower

The FTSE 100 Index fell -73 points or 0.69 percent on Thursday to close at 10613 points. Leading the losses are Centrica (-4.54%), Barclays (-3.95%) and Rio Tinto (-3.94%). Top gainers were British American Tobacco (2.72%), BAE Systems (2.46%) and Relx (2.39%).

The FTSE 100 fell more than 0.5% on Thursday after closing at a record high on Wednesday as rising geopolitical tensions in the Middle East pushed oil prices higher and lifted perceived inflation risks. Defence and energy stocks gained amid the US Iran standoff, while mining and banking shares weighed on the index. Centrica dropped over 4% after reporting no new share buyback and unchanged guidance. Rio Tinto fell 4% after reporting flat full year profit, leading miners lower. Anglo American and Antofagasta fell 3% each.Banks also declined with Barclays down 4% and others including Lloyds Banking Group, NatWest and HSBC Holdings all lower. On the other hand, energy names Shell and BP rose, alongside BAT, Relx and BAE Systems. Mondi rose nearly 1.6% despite lower 2025 profit and expected 2026 maintenance impacts.

FTSE 100 traded 0.3% lower on Thursday after closing at a record high on Wednesday as losses in miners and energy stocks weighed on the index. Rio Tinto led mining shares lower after reporting flat full year profit, sending its stock down more than 3% and dragging Antofagasta, Glencore and Anglo American lower. Centrica dropped over 7.5% after results showed no new share buyback and unchanged guidance. On the upside, Mondi rose nearly 3% despite reporting lower 2025 profit due to weak paper and pulp prices, while signalling similar maintenance shutdown impacts in 2026.