FTSE 100 Wavers on Tuesday
2026-09-22 07:43
By
Agna Gabriel
1 min. read
The FTSE 100 fluctuated between small gains and losses on Tuesday after rising 0.8% on Monday, as investors weighed higher oil prices and ongoing Middle East uncertainty.
Kingfisher led individual gainers, climbing more than 7% after raising its profit guidance on strong momentum at Screwfix and in Poland and Iberia.
Smiths Group advanced around 4.5% after reporting higher revenue and highlighting expected H2 growth at John Crane and continued benefits from the data-centre boom at Flex-Tek.
Healthcare, consumer and energy stocks also gained, while defence and financial shares declined.
Brent crude rose, potentially ending a 4-session losing streak, as markets monitored supply flows and diplomatic efforts.
President Trump is due to address the UN General Assembly and may meet Iran’s president.
UK government borrowing reached £18.3 billion in August, above expectations of £15.5 billion, while borrowing for April-August totalled £77.3 billion, exceeding the OBR’s £69.2 billion forecast.