FTSE 100 Rises on Monday
2026-09-21 15:47
By
Agna Gabriel
1 min. read
The FTSE 100 rose 0.8% on Monday, recovering from a 1.5% decline on Friday as falling oil prices eased concerns over persistent inflation and improved global risk appetite.
Oil extended its losses into a fourth session on hopes of diplomatic progress in the Middle East ahead of this week’s UN meeting.
Banks led the gains, with HSBC up 1.7%, Barclays 1.8%, Lloyds Banking Group 1.1%, NatWest 1.5% and Standard Chartered 1.8%.
Mining stocks also advanced as copper prices gained on expectations of tighter supply and signs of resilient Chinese demand, with Antofagasta rising 3.5% and Anglo American 2.6%.
JD Sports climbed 0.8% after announcing a long-term franchise partnership with Mexico’s Grupo Axo, marking its first entry into the Mexican market.
In contrast, oil majors declined as crude prices fell to their lowest level in recent weeks, with BP down 3% and Shell losing 1.3%.