{"id":64743,"date":"2025-09-29T12:16:46","date_gmt":"2025-09-29T12:16:46","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/09\/29\/ftse-100-up-nearly-0-5-pharma-mining-stocks-rise\/"},"modified":"2025-09-29T12:16:46","modified_gmt":"2025-09-29T12:16:46","slug":"ftse-100-up-nearly-0-5-pharma-mining-stocks-rise","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/09\/29\/ftse-100-up-nearly-0-5-pharma-mining-stocks-rise\/","title":{"rendered":"FTSE 100 Up Nearly 0.5%; Pharma, Mining Stocks Rise"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The U.K. market is up firmly in positive territory on Monday, supported by gains in pharma and mining stocks. Despite concerns of a looming U.S. government shutdown, the undertone in the UK market remains firm.<\/p>\n<p>The benchmark FTSE 100 was up 42.03 or 0.45% at 9,326.86 a little while ago. <\/p>\n<p>Antofagasta is gaining 4.75%. Glencore is up 1.7% and Endeavour Mining is rising 1.6%. Anglo American Plc is up by about 1.5% and Rio Tinto is advancing 0.8%.<\/p>\n<p>Pharma stock GSK is gaining about 2.5%. The company has announced CEO Emma Walmsley will step down in January. Luke Miels is set to succeed him.<\/p>\n<p>AstraZeneca is up 0.75%. The company has unveiled plans to upgrade its US listing by directly listing ordinary shares on the New York Stock Exchange.<\/p>\n<p>JD Sports Fashion, Berkeley Group Holdings, Admiral Group, BAE Systems, Metlen Energy &amp; Metals, Prudential, Convatec Group, Kingfihser, Halma and Persimman are gaining 1.5 to 3%.<\/p>\n<p>Coca-Cola HBC is down by about 2.3%. Rentokil Initia, BP, Centrica, Unilever, National Grid, Severn Trent and British American Tobacco are down 0.3 to 1%.<\/p>\n<p>In economic news, UK mortgage approvals declined in August and consumer credit remained flat, data from the Bank of England showed.<\/p>\n<p>The number of mortgage approvals fell by 500 to 64,700 in August, below This was below the expected level of 65,000.<\/p>\n<p>Secured lending dropped by GBP 0.2 billion to GBP 4.3 billion in August after falling by GBP 0.9 billion in July.<\/p>\n<p>Net borrowing of consumer credit by individuals remained flat at GBP 1.7 billion in August.<\/p>\n<p>Data showed that borrowing by large businesses increased at a faster pace of 8.6 percent, following an 8.1 percent rise in July.<\/p>\n<p>Similarly, the annual growth rate of borrowing by small and medium-sized enterprises increased to 1.2 percent, which was the highest since August 2021. <\/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 Up Nearly 0.5%; Pharma, Mining Stocks Rise<\/a><br \/>\n<br \/>2025-09-29 12:16:46<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.K. market is up firmly in positive territory on Monday, supported by gains in pharma and mining stocks. Despite concerns of a looming U.S. government shutdown, the undertone in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":64744,"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-64743","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64743","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=64743"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/64744"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=64743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=64743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=64743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}