What's boosting the FTSE 100? London blue-chip index climbs above 8,000.

Commodity-linked stocks boosted London's FTSE 100 to over a year high, driven by rising prices of resources that lifted energy and metal mining stocks, while HSBC gained after the sale of its Canadian unit. The FTSE 100 reached its highest levels since 2022, supported by gains in the mining and oil sectors. Gold and oil prices contributed to the surge in mining stocks, with BP and Shell experiencing significant gains due to higher oil prices.

April 02, 2024
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