FTSE 100 rises 0.5% as BoE holds rates
The FTSE 100 climbed about 0.5% on Thursday as oil prices fell and bond yields dropped, alongside investors reacting to the Bank of England leaving interest rates unchanged.
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12:22:57 PM UTC
SquawkNews
The UK's FTSE 100 advanced on Thursday after the Bank of England held interest rates steady as expected, and said it would halt sales of long-dated gilts entirely.The blue-chip FTSE 100 index CURRENCYCOM:UK100 rose 0.58% to 10,750.50 points by 1310 GMT, while the midcap FTSE 250 FTSE:MCX climbed 0…
K. benchmark FTSE 100 rose on Thursday, tracking gains in other major European markets as oil prices fell and bond yields eased. Investors also focused on the Bank of England's decision to keep interest rates unchanged.