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European Market Updates

FTSE 100 Climbs Higher; Babcock Down On Lower Earnings

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The UK stock market gained notable ground in positive territory on Monday thanks to impressive gains on mining and bank stocks. Investors, while closely following U.S.-Iran news, also assessed the political situation on the home front following the resignation of Prime Minister Keir Starmer.

The benchmark FTSE 100 was up 52.34 points or 0.51% at 10,415.61 a little over an hour past noon.

Fresnillo climbed 2.7%. IAG, Metlen Energy & Metals, Whitbread, Standard Life, Lloyds Banking Group, 3i Group, Barclays and Standard Chartered gained 2%-2.5%.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.