The UK stock market’s benchmark index FTSE 100 drifted lower on Tuesday, weighed down by sharp losses in the healthcare sector and weakness in a couple of bank stocks.
The downside was limited thanks to hopes U.S. and Iran will strike a peace deal following Israel and Iran halting attacks on each other.
The FTSE 100 was down 25.98 points or 0.25% at 10,347.22 a little while ago.
GSK slid 2.7% after the drugmaker agreed to buy U.S.-listed Nuvalent for $10.6 billion.
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FTSE 100 Drifts Lower As Pharma Stocks Shed Ground
2026-06-09 10:36:25
