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London's FTSE 100 traded lower on Thursday as escalating tensions between the United States and Iran weighed on investor sentiment, while losses in technology stocks added further pressure to the blue-chip index. The FTSE 100 declined 0.2% to 10,492.99 points by 1038 GMT as investors adopted a cautious approach amid rising geopolitical uncertainty.

London's FTSE 100 slipped on Wednesday as investors remained cautious over escalating tensions in the Middle East. Losses in precious metals miners outweighed gains in energy stocks, which benefited from a rise in oil prices.

The UK's main stock indexes traded lower on Tuesday as escalating tensions between the United States and Iran dampened investor sentiment. Losses in financial and travel stocks outweighed gains in the energy sector, where oil major BP advanced after indicating that higher oil prices and stronger trading performance would support its second-quarter earnings.

London's FTSE 100 was little changed on Monday as gains in oil majors helped offset weakness in financial shares, leaving investors to weigh the market impact of renewed US-Iran military exchanges. The blue-chip index edged up 0.03% to 10,499.88 points by 0927 GMT, while the domestically focused FTSE 250 slipped 0.1%.

London's major stock indexes fell more than 1% on Wednesday after US President Donald Trump said an initial agreement to end the war on Iran was over, reviving investor concerns about escalating tensions in the Middle East and the possibility of higher oil prices. The benchmark FTSE 100 dropped 1.3% to 10,519.17 points by 1111 GMT.

Threats of a resumed conflict and potential disruption in the Strait of Hormuz triggered a surge in global crude oil prices, with the benchmark Brent Crude Futures index surging above $79 a barrel, up from around $72 at the start of this week.

The UK's FTSE 100 index edged higher on Tuesday as gains in energy stocks, led by Shell, offset weakness in precious metals miners. Rising oil prices and strength in consumer-focused shares also supported the benchmark index, while the midcap FTSE 250 traded lower.

London's benchmark FTSE 100 index traded slightly lower on Monday as weakness in precious metal mining stocks outweighed gains in financial and media shares. Investors also assessed a series of merger and acquisition announcements that drove stock-specific movements across the market.

The proposed £5.5 billion takeover of easyJet by US investment firm Castlelake has become the latest example of overseas buyers targeting London-listed companies, highlighting how Britain's valuation discount is fuelling a record year for mergers and acquisitions even as concerns grow over the shrinking size of the country's public equity market. easyJet said on Sunday that it intends to accept Castlelake's revised offer, marking another high-profile acquisition in what has become one of the busiest years for foreign takeovers of UK-listed businesses.

The average wealth per person has rapidly dropped in this country — and it's not looking good compared with other developed markets.