empty
 
 

2026.06.0807:25:48UTC+00FTSE 100 Edges Down, Outperforms Europe

The FTSE 100 edged lower on Monday but continued to outperform its main European counterparts amid a broader equity selloff. Market sentiment was weighed down by renewed tensions in the Middle East after fresh strikes were exchanged between Iran and Israel, casting doubt on the durability of the ceasefire and undermining hopes for a lasting peace deal.

The escalation in the region sent oil prices sharply higher, with Brent crude climbing more than 4% to above $97 per barrel. The move in energy markets lent support to the UK benchmark through heavyweight constituents Shell and BP, while defensive consumer names, including British American Tobacco and Diageo, also provided a buffer.

In corporate news, Tate & Lyle soared after agreeing to a £2.7 billion takeover by US-based Ingredion. The offer, at 615 pence per share in cash, represents a substantial premium to the company’s recent trading levels.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback