The FTSE 100 fell on 19 February, dragged down by declines in Glencore and airline stocks. Glencore shares dropped after the company revealed it is reviewing whether its shares are traded on the right exchange, while airline stocks were hit by Jet2’s warning of potential margin pressure on summer holiday bookings. Meanwhile, HSBC and BAE Systems saw their shares consolidate recent gains after releasing strong annual results. HSBC announced a $1.5 billion cost-cutting plan and a 16% dividend hike, while BAE reported record figures for order backlog, sales, and earnings. Despite positive results, both HSBC and BAE shares fell slightly in the session. The FTSE 100 closed lower, with the index down 20.01 points at 8746.72.