The FTSE 100 Index Opens 0.46% Higher

The FTSE 100 rose 0.4% to around 10,890 on Friday, extending a strong monthly rally of roughly 6.5% and marking another record high. Gains were led by mining stocks, with Rio Tinto, Anglo American and Glencore advancing on firmer metals prices, while precious metals producers Fresnillo and Endeavour Mining also climbed. Rightmove jumped about 6% after reporting higher revenue and launching a buyback, while International Airlines Group gained on a positive outlook and a €1.5 billion repurchase plan. In contrast, Melrose Industries fell sharply on cautious guidance. Separate data from GfK showed UK consumer confidence dipped, while a by-election win by the Green Party of England and Wales highlighted political pressure on Keir Starmer’s Labour government.

The FTSE 100 Index is up by 50 points or 0.46 percent on Friday. Top gainers are Rightmove (5.83%), Fresnillo (3.65%) and Airtel Africa (3.58%). Biggest losses came from Melrose (-12.80%), WPP (-3.49%) and Entain (-2.13%).

The FTSE 100 Index gained 43 points or 0.40 percent on Thursday to close at 10850 points. Gains were led by Howden Joinery (10.63%), London Stock Exchange (9.06%) and WPP (5.36%). Biggest losers were Hikma Pharmaceutical (-15.89%), Fresnillo (-5.13%) and Antofagasta (-4.09%).