Section
Equities, indexes, earnings, and the moves that reset portfolios.
London investors enter the new week with FTSE 100 contracts little changed after Friday's energy-led rebound, while 10-year gilt yields near 5% keep banks and housebuilders on watch ahead of Andrew Bailey's public remarks.
The FTSE 100 rose 1.06% on Friday to 10,552.05 as retreating oil and gilt yields lifted information services and mining names.
London’s benchmark gave up early gains after HSBC warned on wealth-management flows in Hong Kong, while miners held the index near 10,470.
S&P Global’s October flash composite PMI printed 51.1 as manufacturing output jumped to 51.2, giving London traders a rare positive data point before November’s Budget.
London’s FTSE 100 and FTSE 250 each added 0.4 per cent on Tuesday as a two per cent Brent slide and calmer gilt markets outweighed a pullback in defence contractors.
Ithaca Energy agreed to pay Suncor up to $1.11 billion for Canadian offshore assets, lifting the Aberdeen-based FTSE 100 name as investors weigh listing-rule scrutiny and oil-price contingencies.
