FTSE 100 Plunges Amid Mining Selloff and Escalating US-Iran Tensions

The FTSE 100 index closed at 10,764.06 on Friday, August 14, 2026, down 0.08% from its opening value.

The UK stock market initially attempted to recover from a four-session losing streak, supported by positive global cues and softer-than-expected US inflation data.

However, the market came under pressure as mining stocks declined, with Antofagasta, Glencore, Endeavour Mining, and Fresnillo among the weaker names.

The decline in mining stocks was exacerbated by Antofagasta's decision to cut its copper-production outlook, adding to the drag from the sector.