UK Stocks Finish Higher
2026-05-20 16:11
By
Luisa Carvalho
1 min. read
The FTSE 100 clawed back early losses to close about 1% up at 10,432 on Wednesday, as investors mulled better-than-expected UK inflation data and weighed a potential resolution to the Middle East conflict.
Headline inflation fell to 2.8% in April, below the 3% forecast and the lowest since March 2025, which reduced bets on BoE rate hikes.
Regarding geopolitics, President Trump said the conflict would end “very quickly,” with Vice President JD Vance reporting progress in talks with Tehran.
Attention turns to first-quarter results from US chip giant Nvidia and the FOMC minutes.
Retailer Marks & Spencer was the standout performer, surging 6.6%, on higher annual sales and profit growth forecasts.
Babcock (5.3%) was boosted by an upgrade to ‘buy’ from ‘add’ at Peel Hunt.
Heavyweight miners rallied as copper prices advanced, with Anglo American, Antofagasta and Glencore all up.
Experian dropped 3%, leading losses, as FY2027 revenue guidance disappointed even with a $1 billion share buyback.