FTSE 100 Inches Up Ahead of Budget

2025-11-26 08:53 By Agna Gabriel 1 min. read

The FTSE 100 traded slightly higher on Wednesday but lagged other European markets as investors waited for the UK budget later today.

Precious-metals miners Endeavour and Fresnillo gained more than 3% as gold approached a two-week high.

In contrast, several blue-chips weighed on the index: Diageo slipped 1.5%, Unilever fell about 1%, and RELX dropped 0.6%.

Shell also traded 0.4% lower amid weaker oil prices.

WPP declined nearly 2% as it risks losing its place in the FTSE 100 after 27 years, with British Land expected to replace it according to indicative index changes.

The reshuffle will be confirmed after markets close on December 3.



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