FTSE 100 Misses Out on Broader Market Rally

2026-06-15 15:59 By Agna Gabriel 1 min. read

The FTSE 100 fell 0.3% on Monday, lagging broader market gains elsewhere, as losses in Shell and BP weighed heavily on the index.

Shell dropped 4.4% and BP declined 3.4%, while healthcare and defence stocks also pressured sentiment.

AstraZeneca fell 1.7%, GSK lost 1%, BAE Systems declined 4.6%, and Babcock International slipped 1.1%.

In contrast, mining stocks benefited from stronger gold and copper prices, with Endeavour and Fresnillo rising nearly 7% each.

Antofagasta gained more than 5%, while Anglo American and Rio Tinto advanced over 1%.

Bunzl shares edged up 0.6% after activist investor Elliott disclosed a stake of almost 5% in the UK distribution group.

Markets remained focused on the interim US-Iran agreement, which triggered a broad cross-asset rally despite continued uncertainty.

Investors are also preparing for a busy UK data week featuring inflation, employment and retail sales figures, the Bank of England rate decision, and the Makerfield by-election on Thursday.



News Stream
The FTSE 100 Index Closes 0.37% Lower
The FTSE 100 Index decreased 38 points or 0.37 percent on Monday to close at 10433 points. The decline was led by Vistry Group (-6.04%), Frasers Group (-5.11%) and BAE Systems (-4.55%). On the upside, the strongest performers were Endeavour (6.87%), Fresnillo (6.86%) and Antofagasta (6.08%).
2026-06-15
FTSE 100 Misses Out on Broader Market Rally
The FTSE 100 fell 0.3% on Monday, lagging broader market gains elsewhere, as losses in Shell and BP weighed heavily on the index. Shell dropped 4.4% and BP declined 3.4%, while healthcare and defence stocks also pressured sentiment. AstraZeneca fell 1.7%, GSK lost 1%, BAE Systems declined 4.6%, and Babcock International slipped 1.1%. In contrast, mining stocks benefited from stronger gold and copper prices, with Endeavour and Fresnillo rising nearly 7% each. Antofagasta gained more than 5%, while Anglo American and Rio Tinto advanced over 1%. Bunzl shares edged up 0.6% after activist investor Elliott disclosed a stake of almost 5% in the UK distribution group. Markets remained focused on the interim US-Iran agreement, which triggered a broad cross-asset rally despite continued uncertainty. Investors are also preparing for a busy UK data week featuring inflation, employment and retail sales figures, the Bank of England rate decision, and the Makerfield by-election on Thursday.
2026-06-15
FTSE 100 Rises to 8-Week High
The FTSE 100 rose 0.7% on Monday, reaching its highest level since April 20, after the US and Iran agreed on an interim deal aimed at reopening the Strait of Hormuz and ending the conflict. The agreement is expected to pave the way for 60 days of negotiations over Iran’s nuclear programme, one of the key issues preventing a broader resolution. Most sectors traded higher, with mining stocks leading gains as gold and copper prices advanced. Antofagasta, Fresnillo and Endeavour jumped between 5.7% and 6.6%, while Anglo American gained more than 3%. Bunzl shares climbed 3% after activist investor Elliott revealed a stake of nearly 5% in the UK distribution group. In contrast, energy stocks came under pressure as expectations of improved oil flows weighed on crude prices, with Shell and BP both falling more than 4%.
2026-06-15