{"id":64130,"date":"2025-09-12T11:11:15","date_gmt":"2025-09-12T11:11:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/09\/12\/ftse-100-modestly-higher-as-miners-rise\/"},"modified":"2025-09-12T11:11:15","modified_gmt":"2025-09-12T11:11:15","slug":"ftse-100-modestly-higher-as-miners-rise","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/09\/12\/ftse-100-modestly-higher-as-miners-rise\/","title":{"rendered":"FTSE 100 Modestly Higher As Miners Rise"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The UK market is up in positive territory a little past noon on Friday, supported by solid gains in the mining sector thanks to higher metal prices. Investors are also digesting the data showing the UK <span class=\"landLinks\">economy<\/span> stagnated in July as expansions in services and construction sectors were offset by the decline in industrial production.<\/p>\n<p>The benchmark FTSE 100 was up 33.97 points or 0.36% at 9,331.55 a few minutes past noon.<\/p>\n<p>Beazley is gaining about 3.2%. Glencore is up nearly 3%, while Hiscox, Antofagasta, Fresnillo, Centrica, Anglo American Plc, United Utilities, Relx, Legal &amp; General and Weir Group are gaining 1.5 to 2.6%.<\/p>\n<p>Pershing Square Holdings, Severn Trent, Associated British Foods, BAE Systems, Phoenix Group Holdings, SSE, WPP, Airtel Africa and Endeavour Mining are also notably higher.<\/p>\n<p>Among the losers, JD Sports Fashion is down 2% and Marks &amp; Spencer is declining by about 1.1%. Prudential, Hikma Pharmaceuticals, Ashtead Group and BP are down 0.7 to 1%.<\/p>\n<p>Data from the Office for National Statistics showed the UK&#8217;s real gross domestic product showed no growth in July, after rising 0.4% in June. The dominant services sector expanded 0.1% and construction grew 0.2%. Meanwhile, industrial production fell 0.9%.<\/p>\n<p>On a yearly basis, GDP was up 1.4% in July, slightly slower than the economists&#8217; forecast of 1.5%.<\/p>\n<p>In the three months to July, real GDP advanced 0.2%, following a 0.3% rise in the three months to June.<\/p>\n<p>Another report from the ONS showed that the visible trade deficit remained broadly unchanged in July. The trade gap totaled GBP 23.68 billion compared to GBP 23.65 billion in June.<\/p>\n<p>At the same time, the surplus on services dropped to GBP 15.28 billion from GBP 15.42 billion in the previous month. As a result, the total trade balance posted a deficit of GBP 8.4 billion versus a GBP 8.23 billion shortfall a month ago. <\/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 Modestly Higher As Miners Rise<\/a><br \/>\n<br \/>2025-09-12 11:11:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK market is up in positive territory a little past noon on Friday, supported by solid gains in the mining sector thanks to higher metal prices. Investors are also&#8230;<\/p>\n","protected":false},"author":2,"featured_media":64131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-64130","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\/64130","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=64130"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/64131"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=64130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=64130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=64130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}