FTSE 100 Edges Down
2026-04-17 08:05
By
Agna Gabriel
1 min. read
The FTSE 100 traded lower on Friday, though the index remains broadly flat for a seventh straight session, with moves contained within a narrow range as sentiment stays cautious.
Investors are awaiting further clarity on a potential US-Iran peace deal after President Donald Trump said Tehran had made key concessions and that an agreement could be announced fairly soon, although Iran has not confirmed this.
SSE and Centrica dropped more than 5% each, leading losses amid concerns over plans to decouple gas and electricity prices and the potential hit to earnings.
Beyond utilities, weakness was also seen across financials, energy and materials, which mostly traded in negative territory.