{"id":60422,"date":"2025-06-03T11:42:52","date_gmt":"2025-06-03T11:42:52","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/03\/ftse-100-up-marginally-in-cautious-trade-3\/"},"modified":"2025-06-03T11:42:52","modified_gmt":"2025-06-03T11:42:52","slug":"ftse-100-up-marginally-in-cautious-trade-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/03\/ftse-100-up-marginally-in-cautious-trade-3\/","title":{"rendered":"FTSE 100 Up Marginally In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After edging up a bit in early trades, the U.K. stock market drifted lower Tuesday morning, but edged up on selective buying and was up marginally nearly half an hour past noon.<\/p>\n<p>A downward revision in UK&#8217;s growth forecast by OECD, and uncertainty surrounding the U.S. Government&#8217;s tariff moves weigh on sentiment. The OECD has also downgraded its global growth forecast.<\/p>\n<p>The benchmark FTSE 100 was up 6.82 points or 0.08% at 8,781.08 about half an hour past noon.<\/p>\n<p>The OECD downgraded the UK&#8217;s growth forecast to 1.3% for 2025 and 1.0% for 2026 due to Trump&#8217;s trade tariffs. The organization has slashed its global growth forecast to 2.9% from its earlier forecast of 3.1% for 2025.<\/p>\n<p>The Paris-based firm said the outlook across the globe has become challenging with rising trade barriers and policy uncertainty, which is weighing on consumer confidence and blocking investments.<\/p>\n<p>British American Tobacco, the maker of Lucky Strike and Dunhill cigarettes, is up marginally after raising its annual sales target.<\/p>\n<p>Centrica is rising nearly 4%. Airtel Africa is up 3.2%, while BAE Systems, Rolls-Royce Holdings, Auto Trader Group, Babcock International, Pershing Square Holdings, Coca-Cola Europacific Partners, The Sage Group, Ashtead Group, Prudential, Fresnillo, Schrodders, Reckitt Benckiser, Beazley and National Grid are gaining 1 to 2.3%.<\/p>\n<p>Persimmon is down more than 4%. Anglo American Plc is down 3%. Water utility Pennon is down more than 2% after it swung to an annual pretax loss.<\/p>\n<p>Antofagasta, Rentokil, Rio Tinto, JD Sports Fashion, Glencore, Associated British Foods, Entain, Marks &amp; Spencer, Barratt Redrow, BT Group and Lloyds Banking Group are declining 1 to 2%. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Up Marginally In Cautious Trade<\/a><br \/>\n<br \/>2025-06-03 11:42:52<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After edging up a bit in early trades, the U.K. stock market drifted lower Tuesday morning, but edged up on selective buying and was up marginally nearly half an hour&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-60422","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=60422"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60423"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}