FTSE 100 Edges Down, Outperforms Europe

The FTSE 100 traded modestly lower on Monday but continued to outperform its European peers amid a broader market selloff. Sentiment was pressured by renewed tensions in the Middle East after Iran and Israel exchanged fresh strikes, raising doubts about the durability of the ceasefire and the prospects for a lasting peace agreement. The renewed conflict pushed oil prices sharply higher, with Brent crude rising more than 4% to above $97 per barrel. Energy heavyweights Shell and BP provided support for the UK index, alongside defensive consumer stocks such as British American Tobacco and Diageo. In corporate news, Tate & Lyle surged after agreeing to a £2.7 billion takeover by US group Ingredion, which offered 615 pence per share in cash, representing a substantial premium to recent trading levels.
Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market



