Commodity-linked stocks lift FTSE 100; Kingfisher drops on profit view cut

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Commodity-linked stocks lift FTSE 100; Kingfisher drops on profit view cut
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Sept 19 - UK's FTSE 100 index rose on Tuesday bolstered by commodity-linked stocks, while investors await domestic inflation data and key central bank policy meetings.Precious metal miners rose 0.9% , while energy stocks climbed 1.0%, tracking higher gold and oil prices respectively.

"The issue that the BoE has still got is that wage inflation is still proving sticky and that is why the expectation that the rate would be moved up again by 25 bps," said Susannah Streeter, head of money and markets, Hargreaves Lansdown.

 

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