19 August 2025, 21:29 United Kingdom: FTSE 100 Rises to New Record.
The FTSE 100 rose 0.4% to a record 9194 on Tuesday, though it lagged other European indexes. Gains were led by financials and mine, with Glencore and Rio Tinto benefiting from a rebound in copper prices. JD Sports surged over 6% after Deutsche Bank raised its target price to 100p from 85p. Conversely, optimism over a potential Russia-Ukraine ceasefire pressured oil producers like Shell and BP, while defence stocks fell, dragging on the index. BAE Systems, Rolls-Royce, QinetiQ, and Babcock International all slipped. Monday’s talks at the White House, described by Ukraine’s Zelenskiy as a “significant step” and the “best” meeting with President Trump yet, fueled hopes for progress toward ending the war.
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