London Stocks Head for Weekly Gains
London shares rose as easing oil prices and lower gilt yields boosted market sentiment. The FTSE 100 and FTSE 250 are on track for modest weekly gains despite earlier volatility.
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London shares rose 0.7% on Friday morning as easing oil prices and a retreat in gilt yields lifted sentiment across the United Kingdom. The benchmark FTSE 100 index advanced to 10,516.25 points during the morning session. The gains put the main United Kingdom indexes on track to finish a volatile week with modest advances.
