UK Stocks Fall

2026-06-23 07:43 By Luisa Carvalho 1 min. read

The FTSE 100 fell about 0.6% on Tuesday, reversing yesterday's modest advance, led by miners and tech investment funds while investors continued to assess the political situation in the UK.

Copper miners Antofagasta and Anglo American slipped 5.2% and 4.2%, respectively, while gold miners Fresnillo plc and Endeavour Mining dropped 5% and 2.4%.

Scottish Mortgage Investment Trust also declined 4.5%, tracking weakness in US tech amid a broader selloff and its exposure to SpaceX.

Rio Tinto, Polar Capital Tech Trust and Glencore followed suit, down around 3%.

HSBC and other major banks, along with oil majors Shell and BP, also declined.

On the upside, top gainers included Babcock International Group and Marks and Spencer, up 2.9% and 2.5%, respectively.

Bunzl rose 1.3% after upgrading its full-year outlook, supported by stronger-than-expected first-half trading and a small acquisition in Australia.



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UK Stocks Fall
The FTSE 100 fell about 0.6% on Tuesday, reversing yesterday's modest advance, led by miners and tech investment funds while investors continued to assess the political situation in the UK. Copper miners Antofagasta and Anglo American slipped 5.2% and 4.2%, respectively, while gold miners Fresnillo plc and Endeavour Mining dropped 5% and 2.4%. Scottish Mortgage Investment Trust also declined 4.5%, tracking weakness in US tech amid a broader selloff and its exposure to SpaceX. Rio Tinto, Polar Capital Tech Trust and Glencore followed suit, down around 3%. HSBC and other major banks, along with oil majors Shell and BP, also declined. On the upside, top gainers included Babcock International Group and Marks and Spencer, up 2.9% and 2.5%, respectively. Bunzl rose 1.3% after upgrading its full-year outlook, supported by stronger-than-expected first-half trading and a small acquisition in Australia.
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