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FTSE 100 movers: Miners rally; housebuilders in the red again

14:55, 2nd July 2025

London's FTSE 100 was down 0.2% at 8,765.00 in afternoon trade on Wednesday.
Oil giants BP and Shell gushed higher, along with heavily-weighted miners Glencore, Anglo American, Antofagasta and Rio Tinto. Banks were also on the rise, with HSBC and StanChart both up.

Dan Coatsworth, investment analyst at AJ Bell, said: "Commodity producers, financials, utilities and industrials led the way on the UK stock market. The fact both risk-on and defensive sectors moved higher would suggest a general sense of optimism among investors."

On the downside, housebuilders were under the cosh again, after data from Nationwide on Tuesday showed that house prices unexpectedly fell last month.

House prices declined by 0.8% on the month in June, following 0.4% growth in May. Analysts were expecting a 0.2% jump.

On the year, house price growth slowed to 2.1% last month from 3.5% in May.

The average price of a home stood at £271,619 in June, versus £273,427 a month earlier.

Persimmon, Berkeley Group, Barratt Redrow and Taylor Wimpey all fell.

 

FTSE 100 - Risers

BP (BP.) 382.05p 3.75%
Glencore (GLEN) 301.05p 3.36%
Anglo American (AAL) 2,240.50p 3.11%
Antofagasta (ANTO) 1,884.50p 2.87%
Melrose Industries (MRO) 533.20p 2.54%
Spirax Group (SPX) 6,030.00p 1.94%
Shell (SHEL) 2,622.00p 1.86%
HSBC Holdings (HSBA) 885.70p 1.73%
Standard Chartered (STAN) 1,200.50p 1.57%
Rio Tinto (RIO) 4,323.00p 1.38%

FTSE 100 - Fallers

Convatec Group (CTEC) 250.80p -7.79%
Persimmon (PSN) 1,217.00p -6.28%
Berkeley Group Holdings (The) (BKG) 3,672.00p -6.04%
The Sage Group (SGE) 1,170.00p -4.92%
Barratt Redrow (BTRW) 432.90p -4.69%
Land Securities Group (LAND) 604.00p -4.66%
Taylor Wimpey (TW.) 113.15p -4.47%
Severn Trent (SVT) 2,663.00p -4.00%
Marks & Spencer Group (MKS) 342.70p -3.82%
United Utilities Group (UU.) 1,116.50p -3.79%

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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