FTSE 100 Rises on Monday
2026-06-22 15:52
By
Agna Gabriel
1 min. read
The FTSE 100 rose more than 0.5% on Monday, outperforming European peers as banks and miners supported gains while investors continued to assess the implications of UK Prime Minister Keir Starmer’s resignation.
The development has increased attention on Andy Burnham’s potential leadership bid and the policy direction he could pursue if chosen.
Banking stocks led advances, with HSBC up 1.5% and Lloyds Banking Group, Barclays, NatWest and Standard Chartered rising between 1.7%-3.8%.
Mining stocks added to the positive tone, with Rio Tinto up 1.4%, Glencore, Anglo American and Antofagasta rising around 0.3%-1.1%, and Fresnillo climbing 3%.
EasyJet gained 2.5% after rejecting multiple Castlelake offers, prompting the investor to take its £4.74 billion bid directly to shareholders.
In contrast, Babcock fell 5.9% after reporting a drop in pretax profit.