# FTSE 100 — NORMAL (stable)
id ftse · Markets · horizon acute · checked 2026-11-01T11:52Z · at this level since 2026-10-31T11:26Z · stale after 2026-11-02T01:52Z
Assessed by an AI model (Anthropic Claude) against published rubrics; not a forecast or advice · CC BY 4.0 · https://canary.danleech.com/s/ftse

Value: 10,730, -1.7% from high
Rated on: Drawdown from 52-week high < 5% and no single-day fall > 2.5% this week.

FTSE 100 within 2% of its high, supported by energy and mining shares

Why it's at this level: The FTSE 100 last closed on 30 Oct at 10,730, about 1.7% below its 52-week high. Its heavy weighting to oil, gas and mining companies has cushioned it from the energy shock. London markets reopen on 2 Nov, ahead of the Bank of England decision on 5 Nov.

What this means for you: The index's resilience reflects its global, commodity-heavy make-up rather than the domestic UK economy, which faces higher energy bills and rising rates.

Why it matters: The UK's main index — a gauge of UK-listed multinationals, pensions and sterling-area sentiment.
What moves it: Commodity prices, sterling, global risk appetite, UK policy and banking sector news.

Rubric — Alert: Drawdown > 12%, or a single-day fall > 4%. | Watch: Drawdown 5–12%, or a single-day fall > 2.5% this week. | Normal: Drawdown from 52-week high < 5% and no single-day fall > 2.5% this week.

Sources:
- Yahoo Finance — FTSE 100 (^FTSE) (2026-10-30) https://finance.yahoo.com/quote/%5EFTSE