London Stocks Gain as Gold Miners Rise
London shares edged higher on Wednesday following an in-line inflation report and surging gold prices that lifted mining stocks. The blue-chip FTSE 100 index rose 0.1% while the midcap FTSE 250 climbed 0.3%.
Xurve View
Insights:
Xurve View
London shares edged higher Wednesday afternoon after an in-line inflation report kept interest rate expectations steady. The FTSE 100 index rose 0.1% to 10,743.35 points, while the FTSE 250 climbed 0.3% to 24,643.52 points. The gains followed a surge in precious metals that lifted mining equities across the United Kingdom.
