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Mining, Defence Stocks Lift UK Shares After Volatile Week


Published on 2025-03-14 16:41:11 - Reuters
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  • The benchmark FTSE 100 was up 0.6% at 1112 GMT. However, the index was poised to lose 1% for the week, its second consecutive weekly decline, as volatility triggered by back and forth on U.S. tariff policies, and downbeat quarterly earnings, pressured equity markets.

The article from MSN discusses the performance of UK shares following a volatile week, highlighting that mining and defense stocks were key drivers in lifting the market. Specifically, shares in mining companies rose due to positive developments in China's property sector, which boosted metal prices. Additionally, defense stocks like BAE Systems saw gains after the UK government announced an increase in defense spending. This sector-specific boost came amidst broader market concerns, including high UK inflation rates and expectations around the Bank of England's interest rate decisions. The FTSE 100 and FTSE 250 indices both experienced gains, with the FTSE 100 up by 0.5% and the FTSE 250 by 0.3%, reflecting a cautious optimism in the market.

Read the Full Reuters Article at:
[ https://www.msn.com/en-gb/money/other/mining-defence-stocks-lift-uk-shares-after-volatile-week/ar-AA1AV04o ]