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UK stocks rise on higher metal prices and lower oil prices

Nasdaq +1 ·

  1. 1Antofagasta rose 4.5% on higher metal prices, lifting the FTSE 100 by 1%.
  2. 2Oil prices fell after the US President stated that Iran would not be attacked before next month's midterm elections.
  3. 3US gold futures rose 1.13% to record $4,204.45 per ounce.

So what's the key point?

Antofagasta shares jumped 4.5% as metal prices rose, pushing the UK stock market higher. This happened as falling oil prices improved market sentiment.

Source Nasdaq +1 · View original ↗

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