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.