Bullish
FTSE 100 rises to 3-week high at 10,762.01, led by financial stocks and easing bond yields.
The FTSE 100 reached a three-week high of 10,762.01 points, driven by strong performance in financial stocks and a decline in bond yields. The broader banks sector rose 1.2%, with NatWest advancing 2.6% after Barclays upgraded the stock to 'overweight.' Additionally, falling oil prices and easing bond yields supported risk appetite.
Key points
- Financial stocks lead gains; NatWest up 2.6% after Barclays upgrade.
- FTSE 100 hits three-week high at 10,762.01 points.
- Falling oil prices and easing bond yields support risk appetite.
Sources
AI-generated from public news sources. Not financial advice.
