FTSE 100 Edges Up, Unilever Surges

The FTSE 100 traded modestly higher on Tuesday, with strong gains in consumer stocks offsetting weakness in banks and energy shares. Unilever surged more than 6% after the consumer goods group reported better-than-expected results, driven by robust performance in the US and emerging markets, while also raising its outlook for 2026. Barclays was among the biggest laggards, falling more than 5% despite reporting a 16% increase in second-quarter group income. The lender benefited from strong investment banking and US consumer operations amid heightened market volatility, but the results prompted profit-taking and weighed on the broader banking sector. Energy stocks also remained under pressure as oil prices extended recent losses. Shell slipped 0.8% and BP eased 0.4% after US President Donald Trump said there was a good chance of reaching an agreement with Iran, raising expectations of easing geopolitical tensions and reducing concerns over potential disruptions to global crude supplies.




