FTSE 100 Surges to Five-Month Peak on Lower Oil Prices
The UK stock market is set for a positive start on July 28, as the FTSE 100 index has reached a five-month peak of 10,781.75 due to improved global sentiment and lower anxiety over inflation.
The main driver behind this shift is the sharp decline in oil prices, with Brent crude falling below $91 per barrel following a brief respite in US-Iran military disputes.
Investors will be watching closely as major companies such as Unilever, AstraZeneca, Games Workshop, and DCC plc release their interim results, which may impact the market's performance.