FX.co ★ UK Stocks Slightly Down

On Tuesday, the UK's FTSE 100 declined slightly, trading at approximately 8,760, following a temporary early rise. This downturn was driven by renewed trade tensions and disappointing manufacturing figures from China. The mining sector was notably impacted, with Antofagasta's shares dropping by 2.1%, and declines also seen in Glencore and Rio Tinto. In contrast, British American Tobacco made an announcement projecting a return to revenue and profit growth in the United States for the current year, increasing its annual sales growth forecast to 1%–2%, and reporting first-half revenue that exceeded expectations.