The FTSE 100 Index Closes 0.16% Lower

The FTSE 100 pared early losses to close marginally down at 10,516 on Wednesday, led by miners and telecom companies, while elevated tensions in the Middle East dented risk appetite. China's weaker-than-expected GDP data fueled concerns that slowing economic growth would curb demand for industrial metals, weighing on mining stocks such as Anglo American (-3.4%), Glencore (-2.4%) and Rio Tinto (-1.3%). Antofagasta also fell 2.6% despite maintaining its copper production outlook. Fresnillo (-3.1%) and Endeavour Mining (-2.5%) were pressured by lower precious metals prices. Other notable decliners included Vodafone Group, Airtel Africa and tech fund Scottish Mortgage. On the upside, asset manager ICG (+5.5%) outperformed after reporting strong first-quarter growth. Barratt Redrow rallied over 4% after announcing a new share buyback as part of a £400 million capital return for FY27, following a solid annual performance. Sector peer Persimmon advanced 3.9%.

The FTSE 100 Index fell 16 points or 0.16 percent on Wednesday to close at 10513 points. Leading the losses are Fresnillo (-4.43%), Vodafone (-3.60%) and Anglo American (-3.35%). Top gainers were ICG (4.80%), Barratt Redrow (4.05%) and St. Jamess (3.94%).

The FTSE 100 Index is falling 83 points. Losses were driven by Fresnillo (-3.78%), Antofagasta (-3.70%) and Endeavour (-2.91%). Biggest rises came from Barratt Redrow (2.58%), ICG (2.57%) and Burberry (1.99%).