{"id":70778,"date":"2026-03-09T10:51:23","date_gmt":"2026-03-09T10:51:23","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/03\/09\/ftse-100-down-sharply-despite-coming-off-early-lows\/"},"modified":"2026-03-09T10:51:23","modified_gmt":"2026-03-09T10:51:23","slug":"ftse-100-down-sharply-despite-coming-off-early-lows","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/03\/09\/ftse-100-down-sharply-despite-coming-off-early-lows\/","title":{"rendered":"FTSE 100 Down Sharply Despite Coming Off Early Lows"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The UK stock market&#8217;s benchmark FTSE 100 is hovering near a two-month low Monday morning, with several counters seeing heavy selling amid an escalation in Middle East concerns and a sharp surge in crude oil prices.<\/p>\n<p>Shares from mining, realty and financials sectors are among the major losers. Energy stocks are up, riding on higher oil prices.<\/p>\n<p>Brent crude futures were up $103.25 a barrel (up 11.5%) a little while ago, after surging to a nearly four-year high above $119.50 a barrel earlier.<\/p>\n<p>Tensions in the Gulf escalated following reports of explosions at Al Udeid Air Base, the largest United States military installation in the Middle East.<\/p>\n<p>Bahrain&#8217;s state oil company has declared force majeure on its shipments after Iranian strikes in the region set the largest oil facility on fire.<\/p>\n<p>The FTSE 100, which tumbled to 10,077.95, was down 140.37 points or 1.36% 10,144.38 a little while ago.<\/p>\n<p>Miners Anglo American Plc and Antofagasta are down 6.5% and 5.2%, respectively. Rio Tinto and Endeavour Mining are also down sharply.<\/p>\n<p>British Land is declining by about 5.3%. Segro, Tritax Big Box REIT, Land Securities, Persimmon, Spirax Group, Howden Joinery Group and Melrose Industries are down 4%-5.4%.<\/p>\n<p>Standard Life, LondonMetric Property, Weir Group, Marks &amp; Spencer, Barclays, Whitbread, Barratt Redrow, Rolls-Royce Holdings, Croda International, IAG, Lloyds Banking Group, Natwest Goup, Easyjet, Standard Chartered, Intercontinental Hotels Group, Diploma, AstraZeneca, Airtel Africa and M&amp;G are down 2%-4%.<\/p>\n<p>Admiral Group, Shell, Babcock International and BP are gaining 1%-1.7%. BAE Systems, Pearson, Compass Group and Experian are up with moderate gains. <\/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 Down Sharply Despite Coming Off Early Lows<\/a><br \/>\n<br \/>2026-03-09 10:51:23<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK stock market&#8217;s benchmark FTSE 100 is hovering near a two-month low Monday morning, with several counters seeing heavy selling amid an escalation in Middle East concerns and a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":70779,"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-70778","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/70778","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=70778"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/70778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/70779"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=70778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=70778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=70778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}