FTSE 100 Trades Higher on Tuesday
2026-04-14 07:51
By
Agna Gabriel
1 min. read
The FTSE 100 moved higher on Tuesday amid expectations of further talks between the US and Iran, even as President Donald Trump initiated a naval blockade of the Strait of Hormuz ahead of a potential ceasefire deadline next week.
Oil prices eased with both Brent and WTI falling below $100, supporting market sentiment.
Mining stocks led gains, with Fresnillo up more than 2%, Endeavour Mining rising over 1.5%, and Antofagasta gaining more than 2.5% alongside Anglo American and Glencore, while travel names EasyJet and IAG climbed around 1.7%.
Intertek surged over 10% after launching a strategic review that could see it split its business, while maintaining its annual outlook.
On the downside, Imperial Brands dropped nearly 6% after warning of market share losses despite keeping guidance unchanged, citing ongoing geopolitical uncertainty.
BP also flagged that the Middle East conflict is likely to impact its first-quarter performance.