FTSE 100 extends decline for fourth session amid commodity weakness

The FTSE 100 traded lower on Thursday, extending its decline for a fourth consecutive session and underperforming other European markets, as weakness in commodity-related stocks outweighed stronger-than-expected UK economic data. 3% in June, beating expectations. However, falling commodity prices weighed heavily on the index. 4% and 1%, respectively, while miners suffered steeper losses as gold, silver and copper prices retreated.

5% and Anglo American declined 3%. Precious-metal miners Fresnillo and Endeavour also lost more than 3% each. Meanwhile, Entain reported stronger-than-expected operational profitability and reaffirmed that it remains comfortable with its full-year expectations.