FTSE 100 Rises to 3-Week High
2026-10-14 16:07
By
Agna Gabriel
1 min. read
The FTSE 100 advanced by more than 0.5% on Wednesday, reaching a three-week high as pharmaceutical, energy and consumer stocks supported the index.
AstraZeneca and GSK led the gains in healthcare, with both shares rising over 3%.
Defence stocks also performed strongly, as Babcock climbed 3.5%, BAE Systems added 2.2% and Rolls-Royce gained 1%.
Among energy companies, Shell rose more than 1%, while BP advanced by over 0.5%.
Consumer-focused stocks contributed to the positive momentum, with Unilever increasing 2.6% and British American Tobacco gaining 0.9%.
However, losses in banking and mining shares limited the broader advance.
HSBC and Barclays each fell by more than 0.5%, while Rio Tinto and Glencore both declined 0.9%.
Investors globally assessed fresh US inflation figures, which showed consumer prices rising 0.6% in September from the previous month and 3.7% year-over-year, reinforcing concerns about persistent price pressures.