The FTSE 100 surged 131 points to 10,716, reaching its highest level since early March, driven by easing UK inflation which fell to 2.6% from 2.8%. This inflation drop lifted investor sentiment, benefiting oil majors BP and Shell, miners like Endeavour Mining, and financial firms focused on China such as Prudential and HSBC. Despite geopolitical tensions and rising oil prices, markets remain resilient with investors focusing on corporate earnings and dividend stocks. The Bank of England is expected to keep interest rates steady for now, while UK inflation's softening supports hopes for stable borrowing costs ahead.
The FTSE 100 reached its highest level in four months, boosted by gains in commodities and aerospace sectors amid easing UK inflation, which dropped to 2.6% in June from 2.8%. Oil prices rose above $92 a barrel due to Middle East tensions, supporting...
On July 20, 2026, Shell plc purchased a total of 184,107 of its own shares for cancellation, continuing its share buy-back program announced in May 2026. The shares were bought on the London Stock Exchange and BATS trading venues at prices ranging fr...
Brent crude oil prices have risen above $90 a barrel amid ongoing US military strikes on Iran and severely reduced traffic through the Strait of Hormuz. This disruption has led to gains in oil companies like BP and Shell, benefiting from higher margi...
