UK’s equity index FTSE 100 is roughly flat around late morning on Friday, recovering fairly well from an early setback. The mood in the market, however, remains cautious amid concerns about potential economic impact of the ongoing conflict in the Middle East and increasing prospects of a rate cut by the Bank of England this year.
The FTSE 100, which dropped to 10,196.90, losing about 110 points in the process, was up 11.10 points or 0.11% at 10,316.25 nearly half an hour before noon.
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Market Analysis
FTSE 100 Pares Early Losses; Banks, Miners Drift Lower
2026-03-13 11:43:35
