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The FTSE 100 edged higher on Wednesday, recovering from two sessions of losses but underperforming other European markets. Oil majors provided support, with BP gaining around 2%, while HSBC, Lloyds Banking Group, NatWest and Standard Chartered advanced between 0.5% and 1.1%. Barclays slipped slightly ahead of its corpo
The FTSE 100 edged up on Wednesday, outperforming its European peers thanks to gains in energy shares. Oil majors Shell and BP rose 1.8% and 2.8%, respectively, due to a renewed advance in oil prices. Defence stocks also performed well, with aerospace company BAE Systems up 1.9%, submarine contractor Babcock climbing 2
The FTSE 100 rose 0.3% on Wednesday after falling 0.4% in the previous session, as easing oil prices supported sentiment despite a fresh rise in UK inflation. Consumer prices increased 3.1% year-on-year in August, up from 2.9% in July and matching market expectations, although above the Bank of England’s 2.8% forecast.
The FTSE MIB edged higher to around 52,700 on Wednesday, with falling oil prices lifting bond sentiment while select tech and financial names moved higher.
Italy’s FTSE MIB edged lower to around 52,500 on Monday, near a three-week low, as regional peers declined and investors looked ahead to policy and geopolitical events.