FTSE 100 gains 1.4 percent on Middle East peace hopes
London shares rose Wednesday as investors eyed Middle East peace prospects. Inflation held at 3.0 percent while mining and banking stocks led the market gains.
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The United Kingdom stock market saw significant gains on Wednesday as the blue-chip FTSE 100 index climbed 1.4% and the midcap FTSE 250 added 1.6%. Market sentiment was buoyed by growing optimism regarding a potential de-escalation in the conflict involving the United States, Israel, and Iran.
