FTSE 100 Rises 0.6%; Bank Stocks Move Higher
(RTTNews) - The FTSE 100 index of the UK stock market moved higher on Tuesday, recovering from previous session's decline, as investors looked ahead to more details about the U.S.-Iran peace agreement, and awaited the Bank of England's monetary policy announcement.
The FTSE 100 was up 62.90 points or 0.6% at 10,493.52 at noon.
Bank stocks moved higher. Barclays, Natwest Group, Standard Chartered, HSBC Holdings and Lloyds Banking Group gained 1%-2%.
Rolls-Royce Holdings, BAE Systems, Convatec Group and Babcock International gained 2.2%-2.6%.
Entain, Halma, Scottish Mortgage Airtel Africa, IMI, Polar Capital Technology Trust, Smiths Group, 3i Group, Diploma and Fresnillo also moved notably higher.
Rentokil Initial, BT Group, Pearson, Associated British Foods, The Sage Group, Sainsbury (J), Kingfisher and Burberry Group shed 1%-2%.
Meat and seafood processor Hilton Food dropped 1.6% after confirming Mark Allen as group chief executive from 1 July.
Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops
UK Stocks Rise On GDP Growth, Oil Price Decline
French Stocks Rise On Oil Price Drop, Middle East Concerns Persist
Indian Shares End Off Day's Lows As Oil Prices Ease
German Stocks Move Modestly Higher As Oil Prices Fall Sharply
Gold Edges Higher As Oil Prices Ease After Recent Surge
Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast
