FTSE 100 Jumps on Mining Stocks and Lower Oil Prices
The FTSE 100 index rose on Friday, September 25, 2026, due to gains in mining stocks and lower oil prices. The UK's blue-chip index increased by 0.37 percent to 10,719.83 at 8:45 a.m. BST, according to data from Sharecast.
Glencore, Anglo American, Antofagasta, and Fresnillo led the way in Friday's gains, with Glencore and Anglo American seeing strong rises in early trading. The upward movement was fueled by commodity markets, which continue to play a role in shaping the London market.
The FTSE 100 has a focus on mining and energy firms, making changes in metal prices and oil prices significant to the index. Oil prices pulled back from highs on Friday, with Brent crude standing at about $106.34 per barrel during London trading and West Texas Intermediate around $93.62.
UK consumer confidence also improved, with the GfK Consumer Confidence Barometer rising one point to -13 in September. This was the month in a row that it improved, beating economists' predictions of a drop to -16.