
The FTSE 100 edged lower on Monday, heading toward a third consecutive session of declines as markets assessed the impact of UK Prime Minister Keir Starmer’s resignation. Starmer will remain in office until a successor is chosen, pledging to ensure an orderly transition, with a new leader expected by September. The move has increased focus on Andy Burnham’s potential leadership bid and the policies he may pursue if he replaces Starmer, while other candidates could compete during the summer. Homebuilders came under pressure, partly due to concerns over possible changes in housing policy, as Burnham has previously argued for greater government involvement in the sector. Barratt Redrow, Taylor Wimpey and Persimmon shares all fell around 2%. Among major index stocks, Unilever declined 0.9%, Rolls-Royce dropped 1.2% and BAE Systems lost 1.3%. In contrast, energy majors gained, with Shell rising 0.8% and BP adding 0.4%.
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




