The UK’s primary stock indexes experienced a rebound on Thursday, driven by a rally in global bonds in anticipation of a U.S. jobs report that bolstered risk sentiment. Additionally, stronger commodity prices offered further support to the market.

The blue-chip FTSE 100 index rose 0.1% to 10,767.57 points by 10:10, while the midcap FTSE 250 gained 0.1%, rebounding from a nearly one-month low.

• Britain’s 10-year gilt yields declined by over 5.8 basis points from an 18-year peak observed on Wednesday, following a rally in global bonds and equities in anticipation of the U.S. non-farm payrolls data scheduled for release on Friday.
• The services sector in the UK experienced growth for the second consecutive month in August, accompanied by an increase in confidence, according to a survey.
• Rate-sensitive banks rose 0.2%.
• Healthcare stocks advanced 0.9% higher, supported by weaker sterling, with AstraZeneca up 1.3%.
• Precious metal miners gained 0.9% as gold and silver prices rose. Telecom stocks Airtel Africa and Vodafone experienced increases ranging from 3.3% to 3.8%, thereby leading the sectoral gains.
• Luxury retailer Burberry slipped 1.9%, as weak demand prospects weighed on the sector across Europe, sending the broader personal goods sector down 2.2%, leading sectoral losses.
• Hilton Food Group opened a new tab, jumping 16.7%, positioning itself among the top gainers in the mid-cap index following an upward revision of its annual profit forecast.