Why did the FTSE 100 remain flat despite gains in energy and healthcare stocks?

The FTSE 100 was flat—down just 0.05%—because losses in mining stocks (Anglo American down 2.2%, Glencore off 1.5%, Rio Tinto down 1.1%) offset gains in energy (BP up 1.7%, Shell up 1.0%) and healthcare (AstraZeneca up 1.3%, GSK up 0.9%), while broader risk appetite remained constrained after U.S.-Iran peace talks in Switzerland were called off.

What political development contributed to rising UK government bond yields and market uncertainty on Friday?

Labour mayor Andy Burnham's election victory cleared a path to potentially ousting Prime Minister Keir Starmer, raising concerns about future fiscal policy—including higher borrowing and redistributive wealth taxes—which, combined with higher-than-expected UK borrowing numbers, pushed British government bond yields to a one-week high.

FTSE 100 Flat as Investors Weigh US-Iran Peace Talks, Energy Stocks Support

Jun 19, 2026

The FTSE 100 stayed flat as cancelled US-Iran peace talks lifted oil prices, aiding energy stocks like BP and Shell despite falling miners and political uncertainty.

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FTSE 100 Flat as Investors Weigh US-Iran Peace Talks, Energy Stocks Support

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