FTSE 100 opens higher today; interest rate decision on the horizon

Investing.com
Updated
Mitrade
coverImg
Source: Shutterstock

Investing.com – Today's main economic event in the United Kingdom is the interest rate decision from the Bank of England. The expectation is that the BoE keeps the rates unchanged. The second most important event is the inflation letter.


U.K. equities started with gains on Thursday, with rises in Personal Goods, Industrial Metals & Mining, Industrial Transportation and Automobiles & Parts sectors.


At the market open in London, the FTSE 100 Index fell 0.06%. The FTSE 250 Index and the FTSE 350 Index also rose. The FTSE 250 increased 0.12%, while the FTSE 350 was up by 0.12%.


Top Gainers:

  • Anglo American  (LON:AAL): Climbed 3.70% or 78.5 points to 2,202.0.

  • Burberry  Group (LON:BRBY): Rose 2.66% or 16.2 points to 624.4.

  • Glencore  (LON:GLEN): Increased 3.20% or 12.15 points to 392.00.


Top Losers:

  • Unite (LON:UTG): Declined 0.67% or 6.50 points to 961.50.

  • Vodafone  Group PLC (LON:VOD): Fell 0.74% or 0.580 points to 77.500.

  • National Grid  (LON:NG): Dropped 0.84% or 8.79 points to 1,041.71.


In Commodities Trading:

  • Gold Futures for December delivery rose 4.45 points to 2,603.05 a troy ounce.

  • Crude Oil for November delivery climbed 0.57 points to 70.45 a barrel.

  • November Brent Oil Contract increased 0.87% or 0.64 points to 74.29 a barrel.


Currency Markets:

  • GBP/USD stable 1.32.

  • EUR/GBP is at 0.84.

  • The US Dollar Index Futures was up 0.16% at 100.447.

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Do you find this article useful?
Related Articles
placeholder
American Express: Buy, Sell, or Hold?American Express (NYSE: AXP) shares have been on an absolute tear. In the past 14 months, they have catapulted 100% higher (as of Dec. 16), consistently hitting fresh all-time high
Author  The Motley Fool
Yesterday 12: 43
American Express (NYSE: AXP) shares have been on an absolute tear. In the past 14 months, they have catapulted 100% higher (as of Dec. 16), consistently hitting fresh all-time high
placeholder
Buy Uber stock amid robotaxi noise: OppenheimerInvesting.com -- Oppenheimer analysts identified Uber Technologies, Inc. (NYSE:UBER) as a top large-cap pick for 2025, emphasizing the current market environment as a buying opportunity.
Author  Investing.com
Yesterday 03: 30
Investing.com -- Oppenheimer analysts identified Uber Technologies, Inc. (NYSE:UBER) as a top large-cap pick for 2025, emphasizing the current market environment as a buying opportunity.
placeholder
Nike Q2 results top estimatesInvesting.com -- Nike reported Thursday fiscal second-quarter results that beat expectations even as the sportswear giant struggles to arrest sluggish sales despite a uptick in promotional activity.
Author  Investing.com
Yesterday 01: 56
Investing.com -- Nike reported Thursday fiscal second-quarter results that beat expectations even as the sportswear giant struggles to arrest sluggish sales despite a uptick in promotional activity.
placeholder
Fed's hawkish surprise ahead of the holidays puts January pause in spotlightInvesting.com -- The Federal Reserve delivered a hawkish present to markets at its December meeting ahead of the holidays as the widely expected rate cut in December was served up with forward guidance that caught markets by surprise, raising the risk that a January cut is now firmly off the Fed's monetary policy table.
Author  Investing.com
Dec 19, Thu
Investing.com -- The Federal Reserve delivered a hawkish present to markets at its December meeting ahead of the holidays as the widely expected rate cut in December was served up with forward guidance that caught markets by surprise, raising the risk that a January cut is now firmly off the Fed's monetary policy table.
placeholder
Should You Buy Nike Stock Before Dec. 19?Nike (NYSE: NKE) is scheduled to report quarterly earnings results after the markets close on Dec. 19, which could have implications for stock market investors.Where to invest $1,0
Author  The Motley Fool
Dec 19, Thu
Nike (NYSE: NKE) is scheduled to report quarterly earnings results after the markets close on Dec. 19, which could have implications for stock market investors.Where to invest $1,0