FTSE 100 Rebounds on Monday
2026-05-18 15:57
By
Agna Gabriel
1 min. read
The FTSE 100 rose 1.1% on Monday, recovering from a 1.7% loss in the previous session as gains spread across most sectors, although investors remained focused on oil prices, geopolitics and inflation risks.
Energy stocks led the advance with Shell and BP each rising more than 2% as crude strengthened following reports that the US rejected Iran’s latest peace proposal.
Banks also moved higher, with HSBC, Lloyds Banking Group, Barclays and NatWest up between 0.5% and 1.2%.
IAG gained more than 2% despite renewed cost warnings from Ryanair over fleet maintenance, wages and fuel.
Mining stocks underperformed with Anglo American, Endeavour Mining and Antofagasta down more than 1% while Rio Tinto and Glencore also fell.
Glencore said a Chilean court ruling on a desalination project would not immediately affect production at Collahuasi while Anglo American agreed to sell its steelmaking coal unit to Dhilmar for up to 3.875 billion dollars.