FTSE 100 Slumps as Banks and Energy Stocks Weigh on Index

The FTSE 100 Index declined on Friday, September 18, 2026, as banking and energy stocks weighed on the index. The FTSE 100 fell to 10,742.88, down 73.26 points or 0.68%, at 10:00 am London time, based on data from the London Stock Exchange.

The drop in oil prices contributed to the decline, with Brent Crude trading at $103.17 per barrel, down $1.65 from the previous day's close. This drop may offset some of the inflation pressure resulting from the Middle East crisis.

Investors are also keeping a close eye on central bank policy signals, particularly from the Bank of England, which left interest rates unchanged at 3.75% but hinted at potential future rate hikes to combat inflation.