UK Stock Market Today, September 28: FTSE 100 Rises 49 Points To 10,744 As Homebuilders Rally; Why Is The Index Up Today? Check Top Gainers, Losers And Key Market Triggers
India, Sept. 28 -- The FTSE 100 moved higher on Monday, with the index up 49 points, or 0.46%, at 10,744 around 1:42 pm. Gains were led by UK homebuilders amid expectations that the government could revive the Help to Buy scheme.
Barratt Redrow was among the strongest performers, jumping nearly 15%, while Howden Joinery and Kingfisher also recorded notable gains. The proposed housing scheme could involve loan guarantees aimed at helping first-time buyers purchase newly built homes.
FTSE 100: Top Gainers and Losers
Homebuilders dominated the gainers, with Barratt Redrow up 14.83%, Persimmon rising 15.89% and Howden Joinery gaining 5.27%. Oil companies also moved higher as crude prices increased. Shell gained 0.84%, while BP rose 0.81%....
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