Stock Markets February 16, 2026

London Stocks Tick Higher as Aerospace, Banking and Mining Lead Gains

United Kingdom 100 posts a modest advance as mixed commodity moves and narrow market breadth leave participation uneven

By Hana Yamamoto
London Stocks Tick Higher as Aerospace, Banking and Mining Lead Gains

U.K. equities finished higher on Monday, with the Investing.com United Kingdom 100 ending the session up 0.25%. Strength in Aerospace & Defense, Banking and Mining names pushed the index higher while market breadth remained mixed and key commodities moved in opposite directions: gold fell while crude oil climbed.

Key Points

  • Investing.com United Kingdom 100 closed up 0.25%, led by gains in Aerospace & Defense, Banking and Mining sectors.
  • Top individual movers included NatWest Group PLC (LON:NWG), Melrose Industries PLC (LON:MRON) and BAE Systems PLC (LON:BAES); notable decliners included Mondi PLC (LON:MNDI), Smurfit WestRock PLC (LON:SWR) and Barratt Redrow PLC (LON:BTRW).
  • Commodities diverged with Gold Futures for April down 0.65% to $5,013.69 a troy ounce while April crude rose to $63.41 a barrel and April Brent traded at $68.42 a barrel; currency pairs showed minor change.

Shares on the London market closed modestly higher on Monday, driven by advances in Aerospace & Defense, Banking and Mining names.

At the close in London, the Investing.com United Kingdom 100 was up 0.25%.

The session's top performers included NatWest Group PLC (LON:NWG), which gained 4.76% - rising 27.60 points to finish at 607.80. Melrose Industries PLC (LON:MRON) added 3.89%, or 25.00 points, to reach 667.00 at the close. BAE Systems PLC (LON:BAES) also outpaced the market, advancing 3.10% or 61.00 points to end the day at 2,029.00.

On the downside, Mondi PLC (LON:MNDI) led decliners, slipping 4.27% - down 40.80 points to 913.80 at the close. Smurfit WestRock PLC (LON:SWR) lost 4.16%, or 156.00 points, finishing at 3,596.00, while Barratt Redrow PLC (LON:BTRW) fell 3.86% - a decline of 15.00 points to 373.90.

Market breadth was mixed: falling issues outnumbered advancing ones on the London Stock Exchange by 832 to 790, with 544 stocks unchanged.

Commodities traded divergently: Gold Futures for April delivery declined 0.65% or 32.61 to $5,013.69 a troy ounce. By contrast, crude oil strengthened - Crude oil for delivery in April rose 1.05% or 0.66 to $63.41 a barrel, while the April Brent oil contract climbed 0.99% or 0.67 to trade at $68.42 a barrel.

Currency markets showed limited movement. GBP/USD was effectively unchanged at 0.14% to 1.36, and EUR/GBP was largely flat with a 0.02% change to 0.87. The US Dollar Index Futures moved up 0.16% to 96.97.

The session illustrated a market where sector leadership was concentrated - notably in Aerospace & Defense, Banking and Mining - even as overall participation remained fragmented and commodity prices moved in opposite directions.

Risks

  • Uneven market breadth - falling stocks (832) slightly outnumbered advancers (790), indicating participation was not broad-based and some sectors may remain vulnerable.
  • Opposing commodity moves - falling gold alongside rising crude oil could create mixed input-cost or margin implications for sector groups tied to energy and materials.
  • Limited currency movement - near-flat GBP/USD and EUR/GBP suggest currency-driven shifts were muted, but small moves could still affect exporters or import-dependent firms.

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