FTSE 100 Rises Led by Commodity-Linked Stocks

2026-02-11 08:49 By Agna Gabriel 1 min. read

The FTSE 100 rose about 0.2% on Wednesday after a 0.3% decline in the previous session, outperforming weaker European markets as gains in commodity linked stocks supported the index.

Miners, oil majors and banks led the advance, helped by higher metals and crude prices.

London Stock Exchange Group jumped as much as 8.4% after reports that activist investor Elliott built a stake.

Precious metals miners including Fresnillo gained as gold rose following softer US data that strengthened expectations for Federal Reserve rate cuts.

Base metal producers such as Anglo American and Rio Tinto also advanced as commodity prices climbed, while BP moved higher alongside crude on Middle East tensions.

On the downside, stocks exposed to AI disruption came under pressure, with RELX among laggards.

Wealth managers and investment platforms including St James’s Place, AJ Bell and IntegraFin also fell sharply as investors cut exposure to the sector.



News Stream
The FTSE 100 Index Closes 0.63% Higher
The FTSE 100 Index gained 66 points or 0.63 percent on Thursday to close at 10431 points. Gains were led by B&M European Value (6.77%), 3i (3.87%) and Shell (2.88%). Biggest losers were Compass (-99.03%), Taylor Wimpey (-4.42%) and Endeavour (-2.46%).
2026-04-02
FTSE 100 Rises for 4th Session
The FTSE 100 climbed over 0.5% on Thursday, outperforming European peers as oil surged to $110 a barrel. Meanwhile, reports emerged that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz, citing Iran’s Deputy Foreign Minister Kazem Gharibabadi. The update followed a speech by President Donald Trump that provided no clear roadmap for ending the Middle East conflict, keeping investors cautious. Oil majors Shell and BP gained nearly 3% each, while pharmaceutical companies AstraZeneca and GSK rose 1.9% and 1.7%, respectively. BAT advanced more than 2%, and discount retailer B&M jumped over 5% after a rating upgrade. Conversely, banks including HSBC Holdings and NatWest slipped more than 1%, reflecting ongoing risk sentiment in the sector. Markets in the UK are closed Friday for the Easter holiday.
2026-04-02
FTSE 100 Snaps 3-Session Gain
The FTSE 100 fell 0.5% on Thursday, snapping a three session winning streak as concerns grew over a potential escalation in the Middle East conflict following President Donald Trump’s address, which offered no clear timeline for resolution and pointed to more aggressive action in the coming weeks, including possible strikes on infrastructure. Mining stocks led losses with Fresnillo and Endeavour down around 6%, while Antofagasta, Anglo American and Rio Tinto also declined sharply. Banks came under pressure, with HSBC, Standard Chartered and Barclays falling about 2% and Lloyds down 1.5% as it reviewed the impact of a motor finance redress scheme. The index was partly supported by its heavy exposure to energy, with Shell and BP gaining on higher oil prices. Elsewhere, B&M rose more than 5% after a rating upgrade, while broader moves reflected ongoing volatility in commodity markets.
2026-04-02