FTSE 100 rises through Asia’s chip crash, but is London’s rally built to last?

FTSE 100 rises through Asia’s chip crash, but is London’s rally built to last?

UK stocks edged higher on Thursday as upbeat company updates helped London resist a sharp technology-led retreat across Asia. The FTSE 100 gained about 0.2%, trading near 10,910, while the FTSE 250 also advanced. Admiral and Persimmon led the blue-chip risers, with WPP delivering the standout move among mid-sized companies. The gains contrasted with a 4.6% drop in South Korea’s KOSPI and declines in Japan and Hong Kong as investors reduced expos…

Why Is the UK Stock Market Up Today? FTSE 100 Near Record Highs as FTSE 350 and FTSE All-Share Gain, FTSE 250 Edges Lower

The FTSE 100 extended its third straight session of gains, trading above 10,900 as strong corporate earnings, easing Middle East tensions, and lower oil prices boosted investor confidence despite heavy ex-dividend pressure. The post Why Is the UK Stock Market Up Today? FTSE 100 Near Record Highs as FTSE 350 and FTSE All-Share Gain, FTSE 250 Edges Lower appeared first on The Sunday Guardian.