FTSE 100 climbs as BP results and metal prices lift London shares

London’s primary equity benchmark edged higher on Tuesday morning, propelled by a solid earnings report from BP and a broader rally among industrial metal producers. By 09:05 GMT, the FTSE 100 index had climbed 0.3% to reach 10,886.98 points, reflecting a renewed appetite for energy and commodity-linked assets.

Editorial·August 4, 2026·reads: 336

FTSE 100 climbs as BP results and metal prices lift London shares

The positive momentum extended to the midcap segment, where the FTSE 250 index recorded a modest gain of 0.1%, settling at 24,244.35 points. Investors appear to be responding favorably to the latest commodity price data, which provided a tailwind for mining stocks throughout the early trading session.