FTSE 100 Falls Today as Shell, BP and Centrica Drag UK Stocks After Peace-Deal Rally

FTSE 100 Slides As Retail And Mining Gains Fail To Outweigh Weakness In Defensives

Market Snapshot FTSE 100: 10.312,08 -126,58 -1.21% GBP/USD: 1.3616 GBP/EUR: 1.1567 Brent crude: $97.44 per barrel, -3.78% Gold: $4,758.40 per troy ounce, +1.63% UK 10-year gilt yield: 4.924% The FTSE 100 fell sharply by Thursday afternoon, dropping 1.21% to 10,312.08 as weakness in defensives, insurers and selected large-cap names outweighed strong gains in retail, mining and travel-linked stocks. While Brent crude moved back below $100 per bar…

FTSE 100 slips as oil falls back beneath $100

The FTSE 100 slipped on Thursday after yesterday’s surging rally faded amid hopes of a lasting ceasefire in the Middle East, and oil stocks dragged on the index. After such a strong run-up in stocks yesterday, it wasn’t surprising to see the FTSE 100 ease off slightly on Thursday. Apart from reports of the US […] The post FTSE 100 slips as oil falls back beneath $100 appeared first on UK Investor Magazine.

FTSE 100 Falls Today as Shell, BP and Centrica Drag UK Stocks After Peace-Deal Rally

London’s FTSE 100 fell 0.34% to 10,403.62 at 09:17 BST, weighed down by declines in Shell, BP, and Centrica. Shell dropped after cutting its buyback despite beating profit forecasts, while Centrica warned of weaker earnings. The FTSE 250 rose 0.6% as travel stocks gained on lower oil prices and hopes for a U.S.-Iran peace deal. The post FTSE 100 Falls Today as Shell, BP and Centrica Drag UK Stocks After Peace-Deal Rally appeared first on TechSto…