European markets remained under pressure, with the FTSE 100 closing lower amid broad-based selling across sectors. The index slipped to 9,894.15, down 24.18 points (-0.24%), reflecting cautious investor sentiment.
The weakness was not limited to large caps. The FTSE 250 declined 0.45%, while the FTSE All-Share and FTSE AIM All-Share also ended in the red, indicating broad market softness across segments.
Top Losers Drag the Index
Losses were led by key heavyweights and defensives:
- BT Group fell 5.93%
- BAE Systems dropped 4.89%
- BP declined 4.21%
- Tesco slipped 3.45%
- Admiral Group lost 3.30%
- Centrica, SSE and The Sage Group also posted declines of up to ~3%
The selloff across telecom, energy, defence, and financial stocks suggests sector-wide profit booking rather than isolated weakness.