Banks, miners drive FTSE 100 to two-week highs - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

UK stocks rallied into the close on Monday, with a surge in banking and mining stocks pushing the blue-chip FTSE 100 to over two-week highs even as data showed Britain’s economy expanded less than expected in July.

FTSE 100 and the domestically focussed midcap index gained 1.7% each

European markets, most affected by the war spanning several months, surged. The region’s stocks gauge closed up 1.8%. Investors will focus on UK jobs and inflation data later this week for clues on the health of the domestic economy and direction of interest rates.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines