Why did the FTSE 100 recover from its intraday lows on Monday?

The FTSE 100 recovered from its intraday lows because oil prices eased after Iran and Israel announced they would halt attacks on each other following an appeal from U.S. President Donald Trump to 'stop shooting' — though Tehran reserved the right to resume strikes if Israel continued attacking Hezbollah in Lebanon.

What were the biggest sector winners and losers on the FTSE 350 that day, and why?

Life insurers and beverages led gains among FTSE 350 sectors, climbing around 0.7% each, while rate-sensitive homebuilders fell 2.8% and utilities dropped 1%, reflecting market sensitivity to geopolitical risk and shifting expectations around interest rates amid ongoing war-related inflationary pressures.

UK's FTSE 100 recovers from lows as Israel and Iran halt strikes on each other

Jun 8, 2026

UK markets stabilized as Middle East tensions eased, lowering oil prices. Key industry news includes Tate & Lyle's £2.7bn acquisition by Ingredion and packaging firm Mpac Group's profit warning.

reuters

2026-06-08

UK's FTSE 100 recovers from lows as Israel and Iran halt strikes on each other

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