U.K. stocks drifted lower on Thursday, extending losses to a fourth straight session, amid persisting concerns about tensions in the Middle East and higher oil prices. Miners and bank stocks shed ground, contributing significantly to market's decline.
The benchmark FTSE 100, which dropped to 10,360.60, was down 78.10 points or 0.75% at 10,398.36 a few minutes past noon.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.