9 October 2026, 11:07 United Kingdom: Stocks Recover.
The UK's FTSE 100 rose 0.7% on Friday, halting a two-day decline, led by miners and software firms, while softer oil prices and some stabilization in bond yields calmed investors. Trump's remarks that the US would not attack Iran before next month's midterm elections, describing talks with Tehran as "productive", helped ease geopolitical concerns. Antofagasta and Fresnillo were among the top performers, advancing more than 2% each, thanks to gains in metal prices across the board. Sage Group added 3.5%. Tesco (+2.8%) remained in focus as analysts responded positively to its interim results published a day earlier, which highlighted the increasing contribution of higher-margin businesses beyond its core grocery operations. Vodafone Group and Airtel Africa were among the laggards, falling 3.8% and 3.4%, respectively, tracking broader losses across the European telecommunications sector.
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