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FTSE 100 gains as oil, copper lift energy and miners

Publié par Euronext · France il y a 9 h
FTSE 100 gains as oil, copper lift energy and miners
Euronext

Résumé détaillé

By Darshan Kumar R Nov 11 (Reuters) - Britain's FTSE 100 rose on Wednesday as higher oil and copper prices lifted energy and mining shares, while investors looked for clues on the Bank of England's interest-rate path. The blue-chip FTSE 100 index rose 0.78% to 10835.47 points, while the midcap FTSE 250 climbed 0.72%.

Nov 11 (Reuters) - Britain's FTSE 100 rose on Wednesday as higher oil and copper prices lifted energy and mining shares, while investors looked for clues on the Bank of England's interest-rate path.

The blue-chip FTSE 100 index rose 0.78% to 10835.47 points, while the midcap FTSE 250 climbed 0.72%.

• The energy sector rose 1.7%, snapping a seven-session losing streak as crude prices rebounded from two-month lows hit in the previous session [O/R]

• Industrial metal miners climbed nearly 1.8%, tracking higher copper prices [MET/L]

• Anglo American, Antofagasta and Glencore all gained between 2.2% and 2.3%

• Financials were the biggest boost to the FTSE 100 on Wednesday, with online trading platform IG Group and stock exchange operator London Stock Exchange Group both rising more than 2%

• Taylor Wimpey was down 4.5%, among the FTSE 250's biggest fallers after the homebuilder lowered its full-year UK completions forecast, citing a subdued autumn selling season

• A forecast from the National Institute of Economic and Social Research pointed to stronger UK economic growth in 2026, while warning inflation may not return to the Bank of England's 2% target until late 2030

• Traders are pricing in a near 72% chance of a 25-basis-point rate hike by the BoE at its December meeting, according to data compiled by LSEG

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