The FTSE 100 reversed gains to drop more than 1% on Friday after starting the session more than 0.5% higher, as energy prices resumed their rally amid an unresolved conflict in the Middle East that has entered its seventh day with uncertainty over Iran. Concerns that surging crude oil and natural gas prices could trigger a global inflation spiral are weighing on equity markets. Financials turned lower, with HSBC Holdings down more than 2.5% and Barclays down 3.5%. AstraZeneca also fell nearly 2.2%, while GSK declined 1.9%. Unilever dropped 2.5% and BAT fell 2.3%. Miners were also weaker, including Glencore down 3.1% and Anglo American 5%. On the positive side, oil majors Shell and BP were up 0.4% and 1%, respectively. The index fell more than 5.5% for the week, marking its worst performance since the market turmoil caused by global tariff tensions last April. The drop ends a streak of five consecutive weekly gains during which the FTSE 100 repeatedly set record highs.
United Kingdom's main stock market index, the GB100, fell to 10285 points on March 6, 2026, losing 1.24% from the previous session. Over the past month, the index has declined 0.98%, though it remains 18.49% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. Historically, the United Kingdom Stock Market Index (GB100) reached an all time high of 10934.94 in February of 2026. United Kingdom Stock Market Index (GB100) - data, forecasts, historical chart - was last updated on March 7 of 2026.
United Kingdom's main stock market index, the GB100, fell to 10285 points on March 6, 2026, losing 1.24% from the previous session. Over the past month, the index has declined 0.98%, though it remains 18.49% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. The United Kingdom Stock Market Index (GB100) is expected to trade at 10839.89 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 10059.53 in 12 months time.