11.09.202515:34:59UTC+00FTSE 100 Rises on Thursday

On Thursday, the FTSE 100 saw an uptick of over 0.5%, rebounding from the minor decline experienced in the previous session. This rise was fueled by investors' expectations of potential interest rate cuts from the Federal Reserve, prompted by recent inflation and employment figures. In contrast, the European Central Bank maintained steady rates for the second consecutive meeting. Among the top performers, BAE Systems led the charge with a 6% gain, while Compass Group increased by 2.7%, buoyed by an upgrade to “buy” from Deutsche Bank. Rolls-Royce and GSK also each rose by approximately 2%. Additional significant gainers included British American Tobacco and HSBC. Looking forward, investors are focusing on forthcoming major UK economic indicators, with GDP figures anticipated on Friday, and upcoming inflation data alongside the Bank of England’s interest rate decision set for next week.