FTSE 100 Edges Up Slightly

2026-09-28 15:34 By Agna Gabriel 1 min. read

The FTSE 100 edged higher on Monday as strong gains in housebuilders and energy stocks were largely offset by broad weakness across the mining sector.

Barratt Redrow jumped 12% and Howden Joinery gained more than 3% after the Labour government announced plans for a new version of the Help-to-Buy equity loan scheme, boosting sentiment toward UK housing-related stocks.

Energy companies also advanced, with Shell and BP each rising more than 1% as oil prices strengthened amid the continuing standoff between the US and Iran.

Markets remained cautious, however, as hopes for an imminent diplomatic breakthrough in the Middle East conflict faded.

Mining stocks came under significant pressure, with Fresnillo falling more than 5% and Endeavour Mining declining over 4% as weaker gold prices weighed on precious-metals producers.

Copper prices also fell, adding to pressure across the sector.

Antofagasta, Anglo American and Glencore each declined by around 2%, limiting the broader FTSE 100 advance.



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The FTSE 100 Index Closes 0.05% Higher
The FTSE 100 Index went up by 6 points or 0.05 percent on Monday to close at 10701 points. The rise was led by Barratt Redrow (12.61%), Howden Joinery (3.10%) and Spirax-Sarco Engineering (2.48%). On the downside, the weakerst performers were Fresnillo (-5.12%), Endeavour (-4.49%) and Experian (-3.14%).
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FTSE 100 Edges Up Slightly
The FTSE 100 edged higher on Monday as strong gains in housebuilders and energy stocks were largely offset by broad weakness across the mining sector. Barratt Redrow jumped 12% and Howden Joinery gained more than 3% after the Labour government announced plans for a new version of the Help-to-Buy equity loan scheme, boosting sentiment toward UK housing-related stocks. Energy companies also advanced, with Shell and BP each rising more than 1% as oil prices strengthened amid the continuing standoff between the US and Iran. Markets remained cautious, however, as hopes for an imminent diplomatic breakthrough in the Middle East conflict faded. Mining stocks came under significant pressure, with Fresnillo falling more than 5% and Endeavour Mining declining over 4% as weaker gold prices weighed on precious-metals producers. Copper prices also fell, adding to pressure across the sector. Antofagasta, Anglo American and Glencore each declined by around 2%, limiting the broader FTSE 100 advance.
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