The FTSE 100 Index Closes 0.57% Lower

2026-09-29 16:06 By TRADING ECONOMICS 1 min. read

The FTSE 100 Index dropped 61 points or 0.57 percent on Tuesday to close at 10623 points.

Losses were led by Ithaca Energy (-4.34%), J Sainsbury (-2.41%) and British American Tobacco (-2.34%).

Offsetting the fall, top gainers were Weir (2.51%), Spirax-Sarco Engineering (2.31%) and Intercontinental Hotels (2.02%).



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The FTSE 100 Index Closes 0.57% Lower
The FTSE 100 Index dropped 61 points or 0.57 percent on Tuesday to close at 10623 points. Losses were led by Ithaca Energy (-4.34%), J Sainsbury (-2.41%) and British American Tobacco (-2.34%). Offsetting the fall, top gainers were Weir (2.51%), Spirax-Sarco Engineering (2.31%) and Intercontinental Hotels (2.02%).
2026-09-29
FTSE 100 Falls to Over 2-Week Low
The FTSE 100 turned lower during Tuesday’s session, falling more than 0.5% to an over 2-week low and trailing other European markets as weakness spread across several major sectors. Oil stocks were among the biggest drags, with Shell down 1.4% and BP losing 2.1% as Brent crude slipped toward $104 a barrel. Water companies also came under pressure after Andy Burnham outlined plans for greater public involvement in the sector, including stronger powers for local mayors and tighter restrictions on executive bonuses. United Utilities and Severn Trent both declined. Banks weakened as well, with HSBC, Barclays and Lloyds Banking Group each losing around 0.6% to 1.3%, while AstraZeneca fell 0.5%. InterContinental Hotels Group provided some support, gaining around 2% as lower oil prices benefited the broader travel sector.
2026-09-29
FTSE 100 Trades Higher
The FTSE 100 traded around 0.5% higher on Tuesday, supported by gains in healthcare and mining stocks. Pharmaceutical stocks AstraZeneca and GSK rose more than 2% after AstraZeneca agreed to invest $2 billion in Summit Therapeutics and collaborate on studies to advance cancer research. Also, Antofagasta, Anglo American, Glencore, Fresnillo and Rio Tinto rose between 1.4% and 2%, as gold and silver prices rebounded. Energy stocks lagged slightly, with Shell and BP underperforming as Brent crude eased below Monday’s peak. Utilities also weighed on the index, with National Grid falling 1.4%. In economic data, UK shop-price inflation eased in September, suggesting retailers continued to absorb some of the pressure from higher costs rather than passing it fully on to consumers. According to the British Retail Consortium, shop prices increased 1.4% year-on-year, down from 1.5% in August.
2026-09-29