FTSE 100 Falls on Earnings, Middle East Tensions

2026-07-16 08:13 By Joana Ferreira 1 min. read

London's FTSE 100 fell 0.5% to around 10,470, hovering near its lowest level since June 24, as investors assessed corporate earnings, fresh UK economic data, and rising Middle East tensions that threatened to stoke energy inflation across Europe.

Experian dropped more than 4% after reporting higher revenue but maintaining its outlook.

SSE lost 0.7% after reaffirming its earnings forecast and saying it remains on track to invest £5 billion this year.

In contrast, Diploma surged 4% as the technical products distributor raised its margin forecast and issued stronger-than-expected organic revenue guidance.

Elsewhere, Ocado's revenue slightly beat expectations, while Frasers warned that challenging trading conditions persist and said it was too early to provide guidance for fiscal 2027 amid ongoing bids for Hugo Boss and Accent Group.

Rotork has agreed to a £4.1 billion takeover by its bigger Swiss rival ABB.

Meanwhile, UK GDP rose 0.1% in May, rebounding from a 0.1% contraction in April.



News Stream
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FTSE 100 Falls on Earnings, Middle East Tensions
London's FTSE 100 fell 0.5% to around 10,470, hovering near its lowest level since June 24, as investors assessed corporate earnings, fresh UK economic data, and rising Middle East tensions that threatened to stoke energy inflation across Europe. Experian dropped more than 4% after reporting higher revenue but maintaining its outlook. SSE lost 0.7% after reaffirming its earnings forecast and saying it remains on track to invest £5 billion this year. In contrast, Diploma surged 4% as the technical products distributor raised its margin forecast and issued stronger-than-expected organic revenue guidance. Elsewhere, Ocado's revenue slightly beat expectations, while Frasers warned that challenging trading conditions persist and said it was too early to provide guidance for fiscal 2027 amid ongoing bids for Hugo Boss and Accent Group. Rotork has agreed to a £4.1 billion takeover by its bigger Swiss rival ABB. Meanwhile, UK GDP rose 0.1% in May, rebounding from a 0.1% contraction in April.
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