--- title: "FTSE 100 Down Marginally; Easyjet Soars 10% On Takeover Interest" type: "News" locale: "en" url: "https://longbridge.com/en/news/288259771.md" description: "The FTSE 100 closed marginally down by 0.1% amid geopolitical uncertainty. EasyJet surged over 10% on takeover speculation, while Entain and Sage Group gained. Conversely, BAE Systems and Babcock International fell. In economic data, UK house prices dropped 0.6% in May, marking the first decline this year, whereas the S&P Global UK Manufacturing PMI rose to 53.9, indicating strong expansion." datetime: "2026-06-01T11:00:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288259771.md) - [en](https://longbridge.com/en/news/288259771.md) - [zh-HK](https://longbridge.com/zh-HK/news/288259771.md) --- # FTSE 100 Down Marginally; Easyjet Soars 10% On Takeover Interest (RTTNews) - The UK stock market's benchmark index FTSE 100 moved in a tight band Monday morning as investors largely refrained from making significant moves amid uncertainty surrounding U.S.-Iran peace moves following the two nations exchanging fire over the weekend. Meanwhile, Israeli troops captured the strategic site of Beaufort Castle in southern Lebanon in the deepest incursion into the country in more than a quarter-century. The FTSE 100, moving between 10,364.70 and 10,400.62, was down 10.34 points or 0.1% at 10,398.94 nearly half an hour before noon. Among the gainers, Entain moved up 3.5%. The Sage Group gained 2.85%. Glencore, JD Sports Fashion, Halma, Sainsbury (J), Antofagasta, Tesco, Anglo American Plc, IG Group, Shell, Melrose Industries, Metlen Energy & Metals, Segro and Standard Chartered Bank gained 1%-2.3%. EasyJet soared more than 10% on takeover interest. The budget airline called a potential £3bn bid by a U.S. investment group "highly opportunistic", adding any deal would face substantial hurdles. BAE Systems and Babock International both shed about 2.7%. Endeavour Mining, Compass Group, Convatec Group, ICG, BT Group, Haleon, Legal & General, AstraZeneca, Rolls-Royce Holdings, Rentokil Initial and Admiral Group lost 1%-2%. In economic news, data from Nationwide Building Society showed UK house prices declined for the first time this year amid high uncertainty over the developments in the Middle East and its impact on inflation and market interest rates. House prices dropped 0.6% month-on-month in May, in contrast to the 0.4% rise in the prior month, the data showed. This was the first monthly drop so far this year and also came in weaker than forecast of 0.1% fall. On a yearly basis, house price growth eased notably to 1.7% from 3% in the previous month. Data from S&P Global showed the S&P Global UK Manufacturing PMI rose to 53.9 in May, compared with initial estimates and April's 53.7, marking the strongest expansion since May 2022. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [GMVHY.US](https://longbridge.com/en/quote/GMVHY.US.md) - [BAESY.US](https://longbridge.com/en/quote/BAESY.US.md) - [EZJ.UK](https://longbridge.com/en/quote/EZJ.UK.md) - [BAB.UK](https://longbridge.com/en/quote/BAB.UK.md) - [ESYJY.US](https://longbridge.com/en/quote/ESYJY.US.md) - [SGE.UK](https://longbridge.com/en/quote/SGE.UK.md) - [ENT.UK](https://longbridge.com/en/quote/ENT.UK.md) - [ISF.UK](https://longbridge.com/en/quote/ISF.UK.md) - [VUKE.UK](https://longbridge.com/en/quote/VUKE.UK.md) ## Related News & Research - [REG - UBS Asset Management easyJet PLC - Form 8.3 EASYJET PLC](https://longbridge.com/en/news/293947386.md) - [BA.: Record sales, profit, and backlog drive upgraded outlook and robust cash generation](https://longbridge.com/en/news/294317543.md) - [REG - AQR Capital Mgmt easyJet PLC - Form 8.3 - easyJet plc](https://longbridge.com/en/news/293944992.md) - [Jefferies Financial Group Reaffirms "Buy" Rating for Entain (LON:ENT)](https://longbridge.com/en/news/293932753.md) - [06:36 ETNortheast Indiana Ranks #11 Nationally for Aerospace & Defense Manufacturing Competitiveness](https://longbridge.com/en/news/294346199.md)