FTSE 100 Rises on Wednesday

2026-06-24 16:02 By Agna Gabriel 1 min. read

The FTSE 100 advanced on Wednesday, outperforming major European equities due to strong corporate earnings and a massive real estate rally.

Commercial property landlord Segro saw its shares surge over 15% after its board unequivocally rejected an all-share takeover proposal from American rival Prologis.

Discount retailer B&M jumped over 13% following the appointment of former Asda executive Atheeq Akbar as its new chief financial officer, while housebuilder Berkeley climbed over 7% after full-year operating profits beat expectations.

Large-cap heavyweights also provided vital support, with AstraZeneca and Unilever rising more than 2%, Rolls-Royce adding 1.5%, and British American Tobacco gaining 1.9%.

However, these gains were capped by a broader commodity sell-off.

Declining oil prices dragged Shell and BP down as much as 3.6%, while falling metal and gold prices pulled miners like Glencore, Antofagasta, Anglo American, Rio Tinto, Endeavour, and Fresnillo down between 1.7% and 3.6%.



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The FTSE 100 Index Closes 0.24% Higher
The FTSE 100 Index rose 25 points or 0.24 percent on Wednesday to close at 10454 points. Leading the gains are Segro (17.18%), B&M European Value (13.12%) and Berkeley (7.60%). Top losers were Endeavour (-3.61%), BP (-3.56%) and Glencore (-3.53%).
2026-06-24
FTSE 100 Rises on Wednesday
The FTSE 100 advanced on Wednesday, outperforming major European equities due to strong corporate earnings and a massive real estate rally. Commercial property landlord Segro saw its shares surge over 15% after its board unequivocally rejected an all-share takeover proposal from American rival Prologis. Discount retailer B&M jumped over 13% following the appointment of former Asda executive Atheeq Akbar as its new chief financial officer, while housebuilder Berkeley climbed over 7% after full-year operating profits beat expectations. Large-cap heavyweights also provided vital support, with AstraZeneca and Unilever rising more than 2%, Rolls-Royce adding 1.5%, and British American Tobacco gaining 1.9%. However, these gains were capped by a broader commodity sell-off. Declining oil prices dragged Shell and BP down as much as 3.6%, while falling metal and gold prices pulled miners like Glencore, Antofagasta, Anglo American, Rio Tinto, Endeavour, and Fresnillo down between 1.7% and 3.6%.
2026-06-24
FTSE 100 Trades Muted on Wednesday
The FTSE 100 traded flat to lower on Wednesday as minor losses among major oil and banking shares weighed on the index. Shell and BP dipped up to 1.1%, while banking giants HSBC, Lloyds, and Barclays shed between 0.3% and 0.8%, alongside declines in aerospace firms Rolls-Royce (-0.7%) and BAE Systems (-1.9%). Conversely, commercial property landlord Segro saw its shares surge over 15% after its board unequivocally rejected an all-share takeover proposal from American rival Prologis. Housebuilder Berkeley also advanced more than 5% after full-year operating profits beat expectations, though its update highlighted the operational difficulties developers face in meeting government housebuilding targets. Additionally, discount retailer B&M ticked up 0.5% following the appointment of former Asda executive Atheeq Akbar as its new chief financial officer.
2026-06-24