UK Stock Market Forecast Today, October 9: Will FTSE 100 Open Higher as Oil Prices Fall? Check Key Stocks And What Investors Should Watch
India, Oct. 9 -- UK Stock Market Forecast Today: The FTSE 100 Index is seen opening higher today, Friday, October 9, due to a drop in oil prices, which may alleviate worries regarding inflation and the possible aggravation of the Middle East situation. But high UK government bond yields, geopolitical risks, and worries about the world economy may weigh on the rally. As per the report based on IG's data says that FTSE 100 futures suggest an opening gain of 93 points, or 0.9%, at 10,534.60. It comes after yesterday's lower performance by the UK benchmark index, which ended its trading 0.2% lower at 10,441.60.
Why Is the UK Stock Market Expected to Rise?
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