FTSE 100 Today (July 30): Why is the FTSE 100 Rising Today? London Index Hits Record 10,950 as Mining, Energy Stocks Rally After Bank of England Holds Interest Rates at 3.75%
India, July 30 -- The UK's benchmark FTSE 100 climbed to a fresh intraday record on July 30, supported by strong buying in mining, industrial and energy stocks as investors looked ahead to the Bank of England (BoE) latest monetary policy decision. Positive corporate earnings, resilient commodity prices and expectations that the central bank would leave interest rates unchanged helped lift investor sentiment despite continued geopolitical tensions and concerns over the global economic outlook.
During early trading, the FTSE 100 gained 0.4% to a record 10,950.32 points, surpassing its previous all-time high. The broader FTSE 250 also advanced around 0.4%, reflecting strength across the UK equity market.
FTSE 100 Today (July 30)
The FTSE ...
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