FTSE 100 Attempts Gains after 6-Day Loss

2026-04-28 07:41 By Agna Gabriel 1 min. read

The FTSE 100 was flat to higher on Tuesday after six straight sessions of losses, as investors weighed ongoing tensions in the Middle East and limited progress in US-Iran talks.

Brent crude climbed above $111 per barrel, with the Strait of Hormuz still largely impassable, continuing to disrupt global trade flows.

Energy stocks provided support, with BP rising around 3% after reporting stronger-than-expected quarterly profit, driven by higher oil prices and trading gains, despite a warning of production impacts.

Centrica and Shell also gained more than 1%, while Anglo American edged higher after reporting solid copper output following the restart of a Chilean plant.

On the downside, Barclays fell over 3% despite announcing a £500 million share buyback, and Taylor Wimpey dropped more than 4% as it flagged pricing pressure amid weak housing affordability.

Meanwhile, UK shop price inflation slowed to 1% in April as retailers cut prices to attract cautious consumers.



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FTSE 100 Attempts Gains after 6-Day Loss
The FTSE 100 was flat to higher on Tuesday after six straight sessions of losses, as investors weighed ongoing tensions in the Middle East and limited progress in US-Iran talks. Brent crude climbed above $111 per barrel, with the Strait of Hormuz still largely impassable, continuing to disrupt global trade flows. Energy stocks provided support, with BP rising around 3% after reporting stronger-than-expected quarterly profit, driven by higher oil prices and trading gains, despite a warning of production impacts. Centrica and Shell also gained more than 1%, while Anglo American edged higher after reporting solid copper output following the restart of a Chilean plant. On the downside, Barclays fell over 3% despite announcing a £500 million share buyback, and Taylor Wimpey dropped more than 4% as it flagged pricing pressure amid weak housing affordability. Meanwhile, UK shop price inflation slowed to 1% in April as retailers cut prices to attract cautious consumers.
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