{"id":61752,"date":"2025-07-10T11:25:50","date_gmt":"2025-07-10T11:25:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/10\/ftse-100-rises-to-record-high-as-mining-stocks-rally\/"},"modified":"2025-07-10T11:25:50","modified_gmt":"2025-07-10T11:25:50","slug":"ftse-100-rises-to-record-high-as-mining-stocks-rally","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/10\/ftse-100-rises-to-record-high-as-mining-stocks-rally\/","title":{"rendered":"FTSE 100 Rises To Record High As Mining Stocks Rally"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The UK stock market climbed to a new record high Thursday morning, lifted by strong gains in the mining sector.<\/p>\n<p>The undertone in major European <span class=\"landLinks\">markets<\/span> is quite firm today amid optimism about a potential trade deal between the U.S. and the European Union.<\/p>\n<p>EU trade chief Maros Sefcovic said there was good progress on a framework trade agreement and a deal may even be possible within days.<\/p>\n<p>The benchmark FTSE 100 was up 104.09 points or 1.17% at 8,971.11 about a quarter past noon. <\/p>\n<p>Anglo American Plc shares are up more than 5%. Rio Tinto and Glencore are up 4.7% and 4.5%, respectively, while Antofagasta is gaining 3.4%.<\/p>\n<p>Standard Chartered, Fresnillo, Endeavour Mining, Ashtead Group, Spirax Group, AstraZeneca, Weir Group, Pershing Square Holdings and Smiths Group are up 2 to 3.1%.<\/p>\n<p>WPP is up nearly 3% after appointing Microsoft&#8217;s Cindy Rose as its new CEO. DCC, a sales, marketing, and support services provider, rose nearly 2% in early trades after delivering Q1 operating profit growth in line with expectations. The stock gave up gains subsequently and was up just marginally at noon.<\/p>\n<p>Mondi, Informa, Diageo, British American Tobacco, Smith &amp; Nephew, Relx, JD Sports Fashion, St. James&#8217;s Place, Schroders, Shell, Unilever, GSK and Lloyds Banking Group are among the other prominent gainers.<\/p>\n<p>Land Securities is down nearly 2%. SSE is down 1.7%, while Howden Joinery, Babcock International and Centrica are down 1 to 1.5%. <\/p>\n<p>National Grid, Segro, Rolls-Royce Holdings, Severn Trent and Hiscox are down with less pronounced losses.<\/p>\n<p>In economic news, a report from Royal Institution of Chartered Surveyors said its survey showed the house price balance in UK remained at -7% in June, unchanged from May, and slightly better than market expectations of -8%. <\/p>\n<\/p>\n<p>Market Analysis<\/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 \/>FTSE 100 Rises To Record High As Mining Stocks Rally<\/a><br \/>\n<br \/>2025-07-10 11:25:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK stock market climbed to a new record high Thursday morning, lifted by strong gains in the mining sector. The undertone in major European markets is quite firm today&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61753,"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-61752","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61752","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=61752"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61753"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}