FTSE 100 Edges Up on Friday, Down for the Week
2026-06-19 08:04
By
Agna Gabriel
1 min. read
The FTSE 100 edged up on Friday, with AstraZeneca rising around 1.6%, GSK up 0.9% and Hikma Pharmaceuticals advancing 1.4%.
Defence stocks also performed well, with BAE Systems up 0.5%, Babcock International gaining nearly 2%, and Rolls-Royce edging higher.
Oil majors BP and Shell added 1.5% and 0.7% respectively as crude prices recovered.
In contrast, banks and miners weighed on the index, with Lloyds Banking down 1.8%, Barclays and NatWest falling between 0.7% and 0.9%, and HSBC and Standard Chartered also lower.
Rio Tinto, Glencore, Anglo American and Antofagasta declined between 0.3% and 1.1%.
Greater Manchester mayor Andy Burnham won the closely watched Makerfield by-election with 54.8% of the vote, bolstering his position as a potential challenger to Prime Minister Keir Starmer.
UK public sector borrowing hit £23.3 billion in May, above forecasts, while retail sales rebounded 1.2%, beating expectations.
Despite Friday’s gains, the FTSE 100 ended the week down more than 0.5%.