{"id":37288,"date":"2023-08-09T09:24:11","date_gmt":"2023-08-09T09:24:11","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/09\/ftse-100-gains-as-miners-surge-on-china-stimulus-hopes\/"},"modified":"2023-08-09T09:24:11","modified_gmt":"2023-08-09T09:24:11","slug":"ftse-100-gains-as-miners-surge-on-china-stimulus-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/09\/ftse-100-gains-as-miners-surge-on-china-stimulus-hopes\/","title":{"rendered":"FTSE 100 Gains As Miners Surge On China Stimulus Hopes"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks rose on Wednesday after data showed China&#8217;s consumer prices slipped into deflation territory in July amid weakening domestic demand, raising hopes for more policy stimulus. <\/p>\n<p>The benchmark FTSE 100 was up 60 points, or 0.8 percent, at 7,587 after closing 0.4 percent lower on Tuesday. <\/p>\n<p>Miners Anglo American, Antofagasta and Glencore climbed 1-2 percent on China stimulus hopes. <\/p>\n<p>Flutter Entertainment shares fell over 5 percent despite the online betting firm reporting a return to profitability for the first half of the year. <\/p>\n<p>Coca-Cola HBC rose nearly 2 percent after the bottling firm lifted its FY23 organic revenue growth view and backed EBIT forecast.<\/p>\n<p>Infrastructure products group Hill &amp; Smith soared 7 percent after delivering a record trading performance in its first half. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Gains As Miners Surge On China Stimulus Hopes<\/a><br \/>\n<br \/>2023-08-09 09:24:11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks rose on Wednesday after data showed China&#8217;s consumer prices slipped into deflation territory in July amid weakening domestic demand, raising hopes for more policy stimulus. The benchmark FTSE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-37288","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=37288"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37289"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}