FTSE 100 Rises for 2nd Session

2026-07-03 07:41 By Agna Gabriel 1 min. read

The FTSE 100 advanced for a second consecutive session on Friday, reaching its highest level since early March and moving closer to the record high of 10911 established on February 27.

Utility companies anchored the day's gains, with SSE climbing around 2.5%, National Grid adding 1.5%, Centrica expanding 1.1%, and Severn Trent rising over 0.5%.

Mining stocks similarly supported the upward trajectory as precious metals miner Fresnillo surged more than 2%, while copper producers Antofagasta and Anglo American both advanced by over 1%.

This positive market momentum mirrored bullish sentiment across Asian markets following stronger-than-expected Chinese services sector data.

Furthermore, global investor sentiment was bolstered by a softer-than-anticipated US employment report, which successfully alleviated concerns regarding imminent Fed interest rate hikes.

Meanwhile, overall market trading volumes were projected to remain thin due to the US Independence Day public holiday closure.



News Stream
FTSE 100 Rises for 2nd Session
The FTSE 100 advanced for a second consecutive session on Friday, reaching its highest level since early March and moving closer to the record high of 10911 established on February 27. Utility companies anchored the day's gains, with SSE climbing around 2.5%, National Grid adding 1.5%, Centrica expanding 1.1%, and Severn Trent rising over 0.5%. Mining stocks similarly supported the upward trajectory as precious metals miner Fresnillo surged more than 2%, while copper producers Antofagasta and Anglo American both advanced by over 1%. This positive market momentum mirrored bullish sentiment across Asian markets following stronger-than-expected Chinese services sector data. Furthermore, global investor sentiment was bolstered by a softer-than-anticipated US employment report, which successfully alleviated concerns regarding imminent Fed interest rate hikes. Meanwhile, overall market trading volumes were projected to remain thin due to the US Independence Day public holiday closure.
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