FTSE 100 Extends Winning Streak to Six Days
2026-08-25 15:57
By
Agna Gabriel
1 min. read
The FTSE 100 edged 0.3% higher on Tuesday, extending its winning streak to six sessions, its longest run since May.
Melrose was among the strongest performers, surging more than 10% after the aerospace group announced a $100 million claims programme linked to damage at its GKN Aerospace facility in California.
The criminal investigation into the incident has been closed, with operations expected to resume next month.
Healthcare stocks also provided support, with AstraZeneca rising 3% and GSK gaining 1.1%, while Rolls-Royce added around 2%.
Mining stocks were similarly firm, led by Glencore, up 1.4%, and Rio Tinto, which gained 0.9%.
In contrast, sharply lower oil prices weighed on Shell and BP, while BAT fell 1.5%.
Market sentiment benefited from reports that the US could return diplomats to Middle Eastern embassies, easing fears of further escalation in the Iran conflict.
Falling energy prices also helped reduce concerns over renewed inflationary pressures.