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The FTSE 100 edged higher on Wednesday as investors assessed Chancellor John Healey’s first budget, which emphasized fiscal discipline while introducing measures to ease the cost of living. Healey said fiscal headroom would narrow to £15 billion in 2029-30 before recovering to £22 billion the following year. Banking st
European stock indexes rose at the open, with the Stoxx 600 up 0.8% as banks and software gained.
Europe’s Stoxx 600 is up 0.2% at the open. Utilities and technology gain while banks slide; London’s FTSE 100 is up 0.1%. Kingfisher jumps about 9% after guidance.
The FTSE MIB rose 0.8% to 52,386 on Thursday as sovereign yields fell and sector sentiment improved.
The FTSE 100 gained more than 0.5% on Thursday, with investors focused on the Bank of England’s interest-rate decision following the Federal Reserve’s move the previous day. The Fed raised rates by 25 basis points, as widely expected, and signalled another increase later this year, a decision that drew criticism from P
London’s FTSE 100 gained 0.4% on Friday, trimming weekly losses after financials led a modest rebound amid worries about the U.S.-Israeli war’s economic impact on Iran and high oil prices.
The FTSE 100 gained 0.4% on Friday, recovering from a prior seven-week low as UK GDP growth beat expectations and oil prices eased. Banks led gains, while BAE Systems fell more than 1%.
The FTSE 100 rose 0.6% on Friday, extending gains for a sixth session, with miners and HSBC higher while Shell and BP fell as Brent crude edged lower.