FTSE 100 Recovers Slightly on Peace Talks Hopes

2026-06-10 07:25 By Joana Ferreira 1 min. read

The FTSE 100 rose 0.2% to 10,240 on Wednesday, clawing back a fraction of the 1.4% loss from the previous day but staying near three-week lows.

Investors maintained hope for Middle East peace, even as US and Iran exchanged fresh strikes, casting doubt on a quick resolution.

Optimism persisted following President Donald Trump’s comments that a deal to reopen the Strait of Hormuz was close.

Meanwhile, UK lenders continued to decline, with HSBC down nearly 2% and Standard Chartered falling 1%, after a JP Morgan note highlighted the broader impact of new Chinese regulations.



News Stream
Stocks in United Kingdom Hit 10-week Low
GB100 decreased to 10143.00 Index Points, the lowest since March 2026. Over the past 4 weeks, United Kingdom Stock Market Index (GB100) lost 0.83%, and in the last 12 months, it increased 14.89%.
2026-06-10
FTSE 100 Dips to Late-March Lows
London’s FTSE 100 reversed early gains on Wednesday, trading 0.7% lower at 10,160, its lowest since late March, as losses spread across European markets and US futures with technology stocks leading the decline, while investors monitored a fragile Middle East ceasefire. The FTSE 250 also edged down to 22,750, with WH Smith plunging nearly 16% to its lowest level since late 2010 after slashing its annual profit forecast for the second time in two months and announcing an equity raise to shore up finances amid travel disruptions from the Iran conflict. UK lenders faced pressure too, with HSBC down 2.1% and Standard Chartered falling 1.7%, following a JP Morgan note on the impact of new Chinese regulations. Elsewhere, Middle East tensions rose as the US and Iran exchanged strikes, with President Donald Trump saying Iran will 'pay the price' for taking 'too long' to negotiate and Iran’s Parliament Speaker vowing a 'decisive and immediate' response to any aggression.
2026-06-10
The FTSE 100 Index Opens 0.16% Higher
The FTSE 100 Index is up by 16 points or 0.16 percent on Wednesday. Top gainers are Associated British Foods (1.99%), Intercontinental Hotels (1.75%) and Admiral (1.62%). Biggest losses came from HSBC Holdings (-1.96%), Endeavour (-1.44%) and The Sage Group (-1.43%).
2026-06-10