FTSE 100 Falls on Monday
2026-04-13 16:02
By
Agna Gabriel
1 min. read
The FTSE 100 slipped 0.2% on Monday as geopolitical tensions in the Middle East escalated after US-Iran talks collapsed over the weekend, with President Donald Trump renewing threats to blockade the Strait of Hormuz.
Washington blamed the breakdown on Iran’s refusal to abandon potential nuclear ambitions, while Iranian media cited overly stringent US demands.
Defensive sentiment weighed on several sectors, with healthcare names AstraZeneca and GSK falling 1.8% and 0.5%, respectively.
Banks also declined, as HSBC, Lloyds, Barclays and NatWest dropped between 0.5% and 1.1%.
Travel stocks were under pressure, with EasyJet and International Airlines Group down 2.6% and 1.3%.
On the upside, oil majors BP and Shell rose around 1% and 1.2% as crude prices rebounded sharply.
Aerospace firm BAE Systems gained more than 2.5%, while RELX added 1.8%, helping to limit broader losses.