FTSE 100 stages recovery as oil, miners pull their weight [Reuters (UK)]
Lloyds Banking Group Plc American Depositary Shares (LYG)
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Source: Reuters
FTSE 100 stages recovery as oil, miners pull their weight | Reuters 2 Min Read (Reuters) - Britain’s top share index rose on Thursday with support from heavyweight oil stocks and miners as investors cheered the U.S. Federal Reserve halting policy tightening, but gains were capped by some blue-chip names trading ex-dividend. The FTSE 100 was up 0.3 percent after snapping a seven-day winning streak on Wednesday, outperforming its European peers. The mid-cap FTSE 250 was down 0.4 percent by 0822 GMT, ahead of a Bank of England policy decision. The Fed on Wednesday abandoned projections for any interest rate hikes this year amid signs of an economic slowdown, and said it would end its balance sheet reduction in September, which softened the dollar. Miners derived gains from a weak dollar and on hopes of tighter supply after Vale said it would halt production at a Brazilian mine, while oil majors rose as prices surged amid OPEC supply cuts and U.S. sanctions against Iran and Venezuela [O/R
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LYG
Sec Filings
- 4/17/24 - Form 6-K
- 4/16/24 - Form 6-K
- 4/15/24 - Form 6-K
- LYG's page on the SEC website