FTSE 100 closes at 10,772 as London outpaces Europe at the bell
As seen on the 24/7 Wall St. homepage on September 2, 2026.
- 🇬🇧 FTSE 100-0.15%
- 🇩🇪 DAX-0.40%
- 🇫🇷 CAC 40-0.04%
London held up best in Europe today, closing just 0.15% lower while Germany's DAX shed 0.40%. With the Bank of England still leaning hawkish, the FTSE's defensive tilt is doing its job.
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London was the steadiest major market in Europe today, with the FTSE 100 closing at 10,772.9 after only a slight retreat.
The index gave back an early advance, then recovered most of it before easing just below its previous close.
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Germany's DAX fell further and France's CAC 40 also finished lower, leaving the FTSE's defensive and commodity-linked weighting as the cushion continental peers lacked.
The Bank of England's hawkish posture favours the large-cap dividend payers that dominate the index, which is why London held up while selling swept European equities.