This latest rally positions the FTSE 250 for its strongest weekly performance since mid-April. Broad market confidence remains bolstered by the strength of commodity-linked equities, which continue to provide the primary momentum for London’s major indices. With these gains, both benchmarks consolidate their upward trajectory, reflecting a period of steady recovery across the UK market.
UK Indices Extend Winning Streak as Mining Stocks Rally
A surge in precious metal miners pushed UK markets to a fourth consecutive week of growth, signaling sustained investor appetite for the sector. The FTSE 100 climbed 0.3% to settle at 10,901.09, while the midcap FTSE 250 outperformed with a 0.7% rise to finish the session at 24,854.86 points.
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