UK Markets Daily: FTSE 100 Closes Up 0.3% on Monday 5 October 2026

TL;DR: The FTSE 100 rose 0.3% to 10,497.94 on Monday, while the FTSE 250 fell 0.3%, Brent crude fell 1.4% to $100.81 a barrel, and gold was little changed at $4,159.20 an ounce.

Market snapshot

Closing levels on 5 October 2026 (data as of 2026-10-05 16:35 London time):

What moved markets

• UK shares were mixed, with the FTSE 100 up 0.34% and the FTSE 250 down 0.29%. The data fetched today shows no single clear driver for the split, so we are not going to invent one.
• The pound rose 0.08% against the dollar to 1.32, while the euro fell 0.50% against the pound to 0.85, which means the pound gained more ground against the euro than against the dollar.
• Brent crude fell 1.41% to $100.81 a barrel, while gold was little changed, down 0.07% to $4,159.20 an ounce.
• Bitcoin fell 0.16% over 24 hours to $85,235, while Ethereum fell 0.34% to $2,694.24.

Top UK business headlines

• Average five-year mortgage rate hits 6% for first time in three years (BBC News)
• BT agrees rescue deal to buy broadband operator TalkTalk (BBC News)
• UK diesel prices top £2 a litre for first time, RAC says (BBC News)
• Shadow chancellor to unveil Tory plans to cut taxes and regulations (BBC News)
• Why are data centres such a big deal in Scotland? (BBC News)

Tomorrow to Watch

The scheduled economic news that can move markets on Tuesday 6 October 2026, in UK times:

• All day: China markets closed. China is on its National Day holiday, which runs into midweek, so Asian trading is quieter than usual and some moves can look bigger in thin trading.
• 7:00am: Germany Factory Orders M/M (August). This counts new orders placed with German manufacturers, a quick check on demand in Europe’s biggest factory economy. Markets expect a fall of 0.9%, after a rise of 2.5% last time. It usually moves the euro first, so it can nudge EUR/GBP.
• 9:30am: Construction PMI (UK, September). A monthly survey of UK building firms, where a reading above 50 means the sector is growing and below 50 means it is shrinking. Markets expect 45.4, up from 44.3 last time, which would still point to a shrinking sector. It usually moves the pound and UK housebuilder and construction shares.
• 10:00am: Eurozone Retail Sales M/M (August). This measures how much shoppers in the euro area spent compared with the month before. Markets expect a rise of 0.4%, after a fall of 0.6% last time. It usually moves the euro, and through that EUR/GBP.
• 1:30pm: Trade Balance (US, August). The gap between what the United States sells to the rest of the world and what it buys. Markets expect a deficit of $89.8bn, after $88.6bn last time. It usually moves the dollar, and a big surprise can spill into US shares and gold.

Times and expectations are taken from the published economic calendar and can change. We explain what each release is and what it usually moves; we do not predict which way markets will go.

See the full UK Markets Daily hub, updated every weekday evening.

Figures are indicative closing levels and can be delayed. Nothing here is financial advice.