FTSE 100 closes 0.8 percent lower as HSBC weighs

FTSE 100 closed at 10,687 points on October 27, losing 81 points or 0.8 percent. HSBC's revenue miss and caution before Wednesday's UK Budget weighed on the benchmark, Yahoo Finance reported.

HSBC fell 7.0 percent after third-quarter revenue reached USD18.62 billion, below the USD19.00 billion consensus, Reuters said. Since the midday level of 10,664 points, the FTSE 100 recovered 23 points into the close.

Why did FTSE 100 fall on Tuesday?

HSBC's revenue shortfall hit banks across the index. Standard Chartered, NatWest Group and Lloyds Banking Group also fell between 1.1 percent and 2.2 percent, according to Reuters.

Reckitt Benckiser fell 4.5 percent after cutting its annual net revenue growth outlook. The company cited manufacturing constraints in North America and weaker demand for vitamins and supplements in China, Morningstar reported.

FTSE 100 winners and losers

Computacenter was the leading gainer, up 1.6 percent after Stifel raised its price target. HSBC was the leading decliner, down 7.0 percent, MarketScreener said.

Lower oil prices also pressured energy shares. Brent was quoted at USD114.13 a barrel, down from USD117.02 at the same time on Monday, while Shell fell 1.8 percent and BP dropped 2.9 percent, Yahoo Finance reported.

What comes next for FTSE 100

• October 28, 2026, 12:30 p.m. London time: The UK Autumn Budget will be presented to Parliament, UK Parliament said.
• October 28, 2026, 6:00 p.m. London time: The Federal Reserve is scheduled to publish its policy decision, followed by the chair's press conference at 6:30 p.m., Admiral Markets said.

FTSE 100 price data for October 27, 2026

FTSE 100 closed at 10,686.54 points on October 27, 2026, according to Yahoo Finance. It lost 80.79 points or 0.8 percent versus the October 26 close of 10,767.33 points. The index opened at 10,659.19 points.

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