motor<\/a> and property lender’s current trends suggested its strategy was beginning to bear fruit for customers and shareholders.<\/p>\n10.00 am BST: Weir heads engineering-led advance<\/p>\n
Weir Group climbed 2.3% to 2,694p to lead the FTSE 100 as industrial engineering shares moved to the top of London\u2019s leaderboard.<\/p>\n
Halma gained 2.2%, while Spirax Group and IMI advanced about 2%, pointing to a wider sector move rather than a company-specific surge.<\/p>\n
The FTSE 100 held a 33-point gain at 10,717 after giving back a small portion of its earlier advance.<\/p>\n
Healthcare shares also remained supportive, with GSK gaining 2% and AstraZeneca advancing 1.9%, while InterContinental Hotels Group added 2%.<\/p>\n
The FTSE 250 rose 54 points, or 0.2%, to 24,389, while the AIM All-Share gained 0.2% to 785.<\/p>\n
\u00a0<\/p>\n
9.00 am BST: London rally broadens beyond miners<\/p>\n
The FTSE 100 was 35 points, or 0.3%, higher at 10,720 as its early mining-led advance broadened into healthcare and industrial shares.<\/p>\n
GSK climbed 2.1%, AstraZeneca gained 1.9%, while Halma, Spirax Group and Weir Group added between 1.5% and 1.6%.<\/p>\n
The FTSE 250 rose 0.3% to 24,406, led by Vesuvius, which surged 24.6% after disclosing a takeover proposal from RHI Magnesita worth 551p a share. Close Brothers gained 10.8% following its annual results.<\/p>\n
AIM edged 0.2% higher to 785.<\/p>\n
Utilities, telecoms and retailers lagged, with Ithaca Energy down 2.5%, SSE off 2%, Vodafone losing 1.8%, and Tesco, Kingfisher and Sainsbury\u2019s falling more than 1%.<\/p>\n
\u00a0<\/p>\n
8.15 am BST: Mining shares drive opening gains<\/p>\n
London shares opened modestly higher, with the FTSE 100 gaining 18 points, or 0.2%, to 10,703 as miners recovered from Monday\u2019s sector-wide sell-off.<\/p>\n
Antofagasta led the blue-chip risers with a 2.1% gain, while Anglo American advanced 1.8%, Fresnillo rose 1.5% and Rio Tinto added 1.3%.<\/p>\n
Mining equipment supplier Weir Group gained 1.1%, reinforcing the sector-wide pattern.<\/p>\n
AstraZeneca climbed 1.3%, while InterContinental Hotels Group and Burberry rose 1.2% apiece, showing support beyond resources.<\/p>\n
The FTSE 250 advanced 0.2% to 24,379, while the AIM All-Share gained 0.1%.<\/p>\n
7.00 am BST: London points higher despite weak global handover<\/p>\n
The FTSE 100 is expected to open 6 points, or 0.1%, higher at 10,691 after closing 0.1% lower at 10,684.88 on Monday as weak miners offset a rally among housebuilders.<\/p>\n
UK shop-price inflation eased to 1.4% in September from 1.5% in August as retailer promotions reduced food-price pressures, although the rate remained above its three-month average of 1.3%.<\/p>\n
Wall Street provided a negative handover after the S&P 500 fell 0.8%, the Dow Jones Industrial Average lost 0.7%, and the Nasdaq Composite declined 0.9% as the US 10-year Treasury yield reached its highest level since 2007.<\/p>\n
Asian markets followed New York lower, with Japan\u2019s Nikkei 225 down 1.4%, Hong Kong\u2019s Hang Seng falling 0.7% and the Shanghai Composite slipping 0.1%, while Australia\u2019s ASX 200 edged 0.1% higher after the Reserve Bank of Australia raised its cash rate by 0.25 percentage points to 4.6%.<\/p>\n
Brent crude traded near $107.55 a barrel, offering potential support to BP and Shell, while gold recovered to $4,133.89 an ounce and copper futures gained 0.3% to $6.63 a pound.<\/p>\n
Sterling weakened to $1.3233, while Bitcoin changed hands near $83,300 following a 3.4% decline over the past week.<\/p>\n
Investors will watch UK mortgage approvals at 9.30 am, with economists expecting an increase to about 57,000 from 56,053.<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0
FTSE 100 up 28 points\u00a0
FTSE 250 gains 72\u00a0points\u00a0
11:00 am BST: London indices holding on\u00a0…\n","protected":false},"author":2,"featured_media":786275,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[102,2960,56,54,55],"class_list":["post-786274","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-health","tag-healthcare","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/786274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=786274"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/786274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/786275"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=786274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=786274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=786274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}