FTSE 100 Down 0.4% Amid Tensions

FTSE 100 opened lower, falling 0.4% at 03:13 ET, reversing last week’s 0.7% gain amid Middle East tensions.
Oil prices rebounded sharply as concerns over a seized Iranian vessel in the Strait of Hormuz raised supply disruption and inflation fears.
M&C Saatchi posted a 26.1% drop in FY2025 like‑for‑like operating profit, cancelled its final dividend and warned of 2026 sport‑entertainment impact.
Plus500 delivered its strongest quarterly results in over five years, while Mulberry Group reported 5.7% FY26 revenue growth driven by a second‑half rebound.