{"id":50978,"date":"2024-09-27T11:10:01","date_gmt":"2024-09-27T11:10:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/09\/27\/china-stimulus-lifts-ftse-100\/"},"modified":"2024-09-27T11:10:01","modified_gmt":"2024-09-27T11:10:01","slug":"china-stimulus-lifts-ftse-100","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/09\/27\/china-stimulus-lifts-ftse-100\/","title":{"rendered":"China Stimulus Lifts FTSE 100"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The FTSE 100 benchmark of the London Stock Exchange recorded gains of close to half a percent in Friday&#8217;s trading as the China growth story inspired momentum. <\/p>\n<p>FTSE 100 oscillated between 8,325.32 and 8,283.52 as compared with the previous day&#8217;s closing level of 8,284.91. <\/p>\n<p>The benchmark index of the London Stock Exchange is currently trading at 8,324.51, having added 0.48 percent on an overnight basis. <\/p>\n<p>In the 100-scrip index, only 21 are trading in the overnight negative zone.   <\/p>\n<p>Prudential topped with a surge of 2.8 percent. Croda International and Frasers Group have both rallied more than 2 percent. Easyjet, Convatec Group, Entain, Smith and Nephew as well as BP have gained more than 1.5 percent in the day&#8217;s trading. <\/p>\n<p>Rightmove and Fresnillo have both slipped more than 1 percent. Relx, Beazley, Rolls Royce Holdings and Intermediate Capital Group have all recorded losses of more than half a percent. <\/p>\n<p>The GBP\/USD pair slipped 0.19 percent overnight to 1.3390. The sterling ranged between $1.3420 and $1.3360 in the day&#8217;s trade.  The EUR\/GBP pair edged up 0.07 percent to 0.8338. The GBP\/JPY pair dropped 1.31 percent to 191.73.<\/p>\n<p>Diverging from the global trend of easing, bond yields in the U.K. hardened in the day&#8217;s trading. Ten-year bond yields spiked 0.70 percent to 4.0400 percent. The yields ranged between 4.0075 percent and 4.042 percent over the course of the day. The same was at 4.012 percent a day earlier. <\/p>\n<p>The Confederation of British Industry&#8217;s Distributive Trades report showed the monthly retail sales balance increasing to 4 percent in September, above expectations of a decline of 19 percent and the previous reading of a 27-percent decline. <\/p>\n<\/p>\n<\/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 \/>China Stimulus Lifts FTSE 100<\/a><br \/>\n<br \/>2024-09-27 11:10:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FTSE 100 benchmark of the London Stock Exchange recorded gains of close to half a percent in Friday&#8217;s trading as the China growth story inspired momentum. FTSE 100 oscillated&#8230;<\/p>\n","protected":false},"author":2,"featured_media":50979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-50978","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/50978","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=50978"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/50978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/50979"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=50978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=50978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=50978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}