The UK’s FTSE 100 reached a new high on Wednesday, driven by a decline in domestic inflation last month, which bolstered expectations for an interest rate cut potentially as early as March. Additionally, defence stocks found support from the robust performance reported. The blue-chip index rose to an intraday record high, up 1% at 10,666.68 Read More
London stocks experienced a modest increase on Friday, recovering from two consecutive days of losses, as Glencore’s performance was bolstered by preliminary discussions regarding a merger with Rio Tinto, a strategic maneuver that could lead to the formation of the world’s largest mining entity. Glencore shares were up 10% and touched their highest since July Read More
The FTSE 100 in the U.K. experienced a slight decline shortly after noon on Monday, reflecting a mixed performance among stocks in a cautious trading environment as investors assess the most recent national and regional economic data. The FTSE 100 experienced a decline of 9.91 points, representing a decrease of 0.1%, settling at 9,710.60 shortly Read More
Despite retreating from early peaks, the U.K.’s FTSE 100 continues to exhibit positive performance just before noon on Monday, buoyed by stocks in the mining and financial sectors. The FTSE 100, having risen to 9,593.05 in early trades, recorded an increase of 8.69 points or 0.09% at 9,548.40 just before noon. The mining giant has Read More
