17 Hrs
Source:
الاقتصادية
British stocks rise on falling bond yields
The British FTSE 100 index rose by 0.38% to reach 10,466.34 points at the beginning of October, supported by declines in oil prices and bond yields, which helped ease inflation concerns. Since the start of 2026, the index has overall increased by 5.39%, despite declines in certain months such as March and the recent drop at the beginning of October, when it fell by about 1.32% compared to the end of September. Oil prices dropped by 3%, while the yields on 10-year bonds decreased to 5.332%, bolstering shares of construction and automotive companies. Conversely, British bank stocks continued to decline, with IG Group's share dropping by 22% after the company cut its growth forecasts. Meanwhile, some other companies, such as BAE Systems and J.D. Wetherspoon, saw their shares rise.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)