FTSE 100 Falls for 4th Session
2026-04-23 15:45
By
Agna Gabriel
1 min. read
The FTSE 100 slipped again on Thursday, extending its losing streak to four sessions as tensions between the US and Iran remained elevated.
The absence of progress in peace talks and continued disputes over control of the Strait of Hormuz kept sentiment subdued.
J Sainsbury fell more than 4% after warning that the Middle East conflict could affect customers and profitability, while Relx dropped over 2% despite reaffirming its outlook.
Additional pressure came from several ex-dividend stocks, including Fresnillo, BAE Systems, and Legal and General.
In contrast, London Stock Exchange Group gained around 1% after reporting strong first-quarter revenue growth supported by higher trading activity.
Economic data also weighed on sentiment, with PMI readings pointing to weaker business confidence and rising inflation pressures, although the UK budget deficit narrowed to £12.6 billion in March, its lowest level for the month since 2022.