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FTSE 100 rises as oil prices fall and retail sector shows signs of easing downturn

Market News
27 Jul 2026
Proactive Investors - Finance
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The FTSE 100 index gained 40 points to 10,777, supported by a drop in oil prices following a pause in US-Iran strikes and easing retail sector downturn. Retail sales improved in July, though online sales fell sharply, and wholesale volumes stabilized for the first time in over two years. Key companies like AstraZeneca and Vodafone reported strong earnings, boosting market confidence. The market remains cautious due to ongoing geopolitical risks in the Middle East and upcoming central bank meetings.

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