UK Stocks Outperform
2026-06-10 16:03
By
Luisa Carvalho
1 min. read
London’s FTSE 100 reversed early losses to close around 0.3% higher at 10,255 on Wednesday, recovering from the previous session’s decline and outperforming major European peers.
The main support came from Tritax Big Box REIT, which jumped 4.9% after confirming it had secured a successful appeal for its £360m Heathrow data centre project, boosting sentiment across property-linked stocks.
Broader gains were supported by Entain, insurer Admiral Group and grocer Tesco.
Among heavyweights, Shell and BP provided key uplift, alongside defensives British American Tobacco, Unilever, GSK and Compass Group, all rising between 1%-2%.
On the downside, miners such as Endeavour Mining (-4.1%), Fresnillo (-1.7%) and Glencore (-0.9%) weakened.
UK lenders faced pressure too, with HSBC down 1.3% and Standard Chartered falling 1.1%, following a JP Morgan note on the impact of new Chinese regulations.