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FTSE 100 Modestly Higher After Cautious Start

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

After struggling for direction early on in the session, the UK stock market gained some ground in positive territory Thursday morning as investors reacted to some earnings updates and data showing a faster pace of economic growth in the first quarter.

The benchmark FTSE 100 was up 27.15 points or 0.25% at 10,352.50 a little while ago.

Legal & General gained 5.2%. Relx, Barclays, Admiral Group, Imperial Brands and National Grid moved up 2%-2.2%.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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