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LSE:MNDI 23 February 2026

FTSE 100 ends flat as Trump tariff reset jars UK stocks; Johnson Matthey sinks

FTSE 100 ends flat as Trump tariff reset jars UK stocks; Johnson Matthey sinks

London, February 23, 2026, 17:18 GMT — Trading after-hours. London’s main equities barely budged on Monday. Mining stocks managed to claw higher, but losses in software and paper names kept the FTSE 100 almost flat—off just 0.02% at 10,684.74. The FTSE 250 dropped 0.9%. Sterling crept up, settling at $1.3505. “This latest shake-up to global trade no doubt provides a fresh degree of uncertainty going forward,” Scope Markets analyst Joshua Mahony said.

Stock Market Today

  • FTSE 100 slips as homebuilders weigh, oil rises
    June 29, 2026, 1:28 PM EDT. The FTSE 100 ended Monday down 0.2% at 10,484.22 as housebuilders and Babcock International slid after the Bank of England reported weak UK mortgage approvals. Brent crude climbed to $72.85 a barrel after fresh US-Iran tensions. Sterling firmed, with Andy Burnham's leadership pitch stressing fiscal discipline, which seemed to calm worries over UK borrowing. European shares edged a bit lower. In contrast, US stocks rose, the S&P 500 up 0.6%. UK mortgage borrowing for May tumbled to £2.9 billion, the lowest in almost two years. US Treasury yields nudged higher. Markets are watching for progress on the oil ceasefire and for news on cabinet jobs in the UK.
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