India, Oct. 2 -- UK stocks started the trading session on Friday, October 2, on a positive note following a massive selloff witnessed in the prior session. This was following a decline in oil prices as well as market speculation on how the upcoming US jobs data may influence the rate of interest. The FTSE 100 index was seen 0.1% higher at 10,440.53 around 8:25 am BST, having dropped 1.7% during the prior session. The FTSE 250 index was trading 0.1% higher at 24,170.51.

Why Is UK Stock Market Up Today?

The rise seen on Friday followed a tough session for the UK stock market. The FTSE 100 index fell by 177.73 points or 1.68% on Thursday to close at 10,428.27, its lowest since three months ago. This downturn was mainly due to a steep jump ...