---
title: "FTSE 100 Jumps 1.1% as Oil and Bond Yields Ease"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-10-09T16:19:30+00:00"
modified: "2026-10-09T16:19:30+00:00"
date: 2026-10-09
canonical: "https://www.share-talk.com/ftse-100-jumps-1-1-as-oil-and-bond-yields-ease/"
category: "Investment Reports"
categories: ["Investment Reports"]
tags: ["Asia", "Bangkok", "Denmark", "Endeavour Mining", "Fed", "Federal Reserve", "Finland", "FRANCE", "FTSE 100", "GERMANY", "Glencore", "Greenland plan", "Hong kong", "Japan", "London", "Manila", "mining stocks", "Mumbai", "Nasdaq Composite", "NATO alliance", "Netherlands", "Nikkei 225", "Norway", "S&P 500", "shanghai", "Singapore", "Sweden", "Sydney", "Taiwan", "UK", "United States", "US Gulf of Mexico", "Wall Street"]
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format: "news"
language: "en-GB"
---

# FTSE 100 Jumps 1.1% as Oil and Bond Yields Ease

**Published:** October 9, 2026
**Author:** sharetalk
**Categories:** Investment Reports
**Tags:** Asia, Bangkok, Denmark, Endeavour Mining, Fed, Federal Reserve, Finland, FRANCE, FTSE 100, GERMANY, Glencore, Greenland plan, Hong kong, Japan, London, Manila, mining stocks, Mumbai, Nasdaq Composite, NATO alliance, Netherlands, Nikkei 225, Norway, S&P 500, shanghai, Singapore, Sweden, Sydney, Taiwan, UK, United States, US Gulf of Mexico, Wall Street
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---

**The FTSE 100 closed 1.06% higher at 10,552.05 on Friday**, while the **FTSE 250** gained 1.13% to 24,213.78.

The rebound followed a volatile week dominated by oil prices, inflation concerns and rising government borrowing costs.

Sentiment improved after **US President Donald Trump said Washington would not attack Iran before the 3 November midterm elections**, while describing talks with Tehran as productive.

Iranian Foreign Minister **Abbas Araqchi** said Tehran was reviewing a US response to its proposal concerning the Strait of Hormuz and expected to reply within days.

The diplomatic signals helped pull Brent crude back from Thursday’s surge above $104 a barrel, easing some of the immediate inflation pressure on markets.

UK gilt yields also retreated from the multi-decade highs reached earlier in the week, providing additional support to equity valuations.

Among individual stocks, **Airtel Africa fell 6.2%** following the London debut of its mobile-money subsidiary.

Airtel Money was priced at **£1.96 per share**, valuing the business at around $7 billion, and raised approximately **$703 million for selling shareholders**. Airtel Africa did not sell shares in the offering and remains the majority shareholder.

Airtel Africa’s decline also reflected broader weakness across telecom stocks after SpaceX agreed to acquire a nationwide portfolio of US low-band spectrum licences, strengthening its plans for **Starlink Mobile**.

**Weir Group rose 3.9%** after Moody’s affirmed its Baa3 long-term issuer rating and moved the outlook to stable from positive.

The ratings agency said an upgrade could prove difficult unless Weir demonstrates further improvement in leverage and cash-flow metrics.

**Shell gained 0.4%** after agreeing to acquire a **30% interest in Equinor’s Bay du Nord offshore oil project in Canada**.

Equinor will retain a 70% stake and remain operator, with the partners working towards a potential final investment decision in **early 2027**.

Attention now turns to next week’s UK economic data, including **BRC retail sales figures, August GDP, industrial production and manufacturing output**.

For investors, Friday’s recovery reflects a reduction in two of the week’s biggest risks: **oil has eased and bond yields have pulled back**.

However, Brent remains above $100 and Middle East tensions are unresolved, meaning energy prices and borrowing costs are likely to remain important drivers of UK equities next week.

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