The previous session was dominated by surging government borrowing costs, which triggered particularly heavy losses across banks, housebuilders and other rate-sensitive shares.
The previous session was dominated by surging government borrowing costs, which triggered particularly heavy losses across banks, housebuilders and other rate-sensitive shares.
The FTSE 100 is expected to open around 35 points, or 0.3%, higher at 10,463 on Friday, recovering only a fraction of Thursday’s sharp decline.
The FTSE 100 closed 177 points, or 1.68%, lower at 10,428 on Thursday, marking its steepest daily decline since May.
Global markets were mixed on Thursday as strong technology shares contrasted with continued pressure from elevated government bond yields.
The FTSE 100 started October sharply lower, falling more than 1% in early trading and extending Wednesday’s decline.
FTSE 100 futures indicated an opening around 45 points, or 0.4%, lower at 10,561.40 on Thursday, extending Wednesday’s 0.3% decline.
The FTSE 100 ended 30.71 points, or 0.3%, lower at 10,606.00 on Wednesday, while the FTSE 250 gained 0.7% to 24,539.99 and the AIM All-Share rose 0.2% to 787.40.
The FTSE 100 climbed 66 points, or 0.6%, to 10,702 on Wednesday morning, extending its advance after the opening bell and recovering from Tuesday’s decline.
FTSE 100 futures indicated an opening around 60.5 points, or 0.6%, higher at 10,697.21 on Wednesday, after London’s blue-chip index fell 0.5% to 10,636.71 on Tuesday.
The FTSE 100 closed 48.17 points, or 0.5%, lower at 10,636.71 on Tuesday as rising global bond yields weighed on equities and weaker crude prices dragged on London’s major oil
London stocks were set to open slightly higher on Tuesday after UK shop-price inflation eased and investors absorbed an expected interest-rate increase from the Reserve Bank of Australia.
London stocks closed mixed on Monday, with the FTSE 100 edging 0.1% lower to 10,684.88 as sharp gains in housebuilders were offset by weakness in miners and renewed concerns over