Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

FTSE 100 edges up as tech stocks fall and miners drag; UK PMI shows economic slowdown.

Market News
23 Jun 2026
Proactive Investors - Finance
View Source
Neutral
pluang ai news

The FTSE 100 rose modestly by 21 points to 10,459, supported by consumer defensive stocks like Bunzl and AstraZeneca, despite heavy losses in miners and tech funds. US and Asian tech stocks, including AI and semiconductor firms, sold off sharply, with SpaceX dropping 16% after a $20bn bond sale. The UK 'flash' PMI indicated a contraction in private sector activity for the second month, signaling economic slowdown amid ongoing inflation and employment concerns. Investors remain cautious amid mixed global market performance and political uncertainty in the UK.

More News (AZN)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App