UK Shares Rise as Falling Oil Prices Boost Risk Appetite
The FTSE 100 rose for an eighth session as easing crude prices and positive retail updates from Hollywood Bowl and Pets at Home supported market sentiment. Investors are monitoring potential interest rate hikes while grocery inflation slowed to its lowest rate since 2024.
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The United Kingdom FTSE 100 rose 0.13% to 10,505.01 on Wednesday midday, marking its eighth consecutive session of gains.
Midcap shares outperformed as Brent Crude Oil prices fell on hopes for a resolution to the conflict in Iran.
