Morning Markets: FTSE pushes past 4,700

clock •

The FTSE 100 has bounced back over 4,700 for the first time since opening this week, with mining stocks at the forefront of today's strong gains.

At 10.30am, London's blue-chip index was 65.12 points higher (1.39%) to 4754.79. Miner Rio Tinto's strong interim earnings results has led its share price up 2.53% to £23.70; while Kazakhymys has climbed 3.59% to 909.5p and Lonmin is up 4.12% to £14.41. News of lower US stockpiles in crude saw the oil price climb above $72 a barrel, elevating the share prices of BP, Royal Dutch Shell, BG Group, Tullow Oil and Cairn Energy. Financial stocks also saw upward movement, with L&G adding 4.72% to 74.3p and RBS 3.9% higher at 47.72p. In the US, the Dow Jones closed Wednesday trading up ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Chris Justham: Why the industry must 'entertain and engage' investors

Chris Justham: Why the industry must 'entertain and engage' investors

‘We can’t just offer them a dry cracker and ask them to chew it down’

Chris Justham
clock 07 October 2026 • 3 min read
Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Two new funds launched

Michael Nelson
clock 06 October 2026 • 6 min read
Darius McDermott: Is it time to take another look at China?

Darius McDermott: Is it time to take another look at China?

'It has been a difficult period for the Chinese stock market'

Darius McDermott
clock 06 October 2026 • 5 min read