empty
 
 

2025.07.0316:17:08UTC+00FTSE 100 Rebounds on Thursday

The FTSE 100 experienced an uptick on Thursday, rebounding from the previous day's declines. This recovery was prompted by Prime Minister Keir Starmer and Chancellor Rachel Reeves, who reassured the markets of their dedication to fiscal responsibility and economic stability. Their statements restored confidence across UK investments, resulting in gains for both gilts and the pound. However, a stronger-than-anticipated US jobs report curbed some of these gains. The UK’s private sector activity also surpassed initial estimates in June, further bolstering market sentiment. Notably, shares of Lloyds Banking and Barclays increased by 3.2% and 2%, respectively. Additionally, British American Tobacco and Relx saw advances. In contrast, shares of AstraZeneca declined by over 1.5% following news of its advanced negotiations with Summit Therapeutics for a potential $15 billion lung cancer drug licensing deal. This arrangement may include a substantial initial payment and subsequent milestone payments, but other pharmaceutical companies are reportedly also in talks with Summit.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback