{"id":67568,"date":"2025-12-11T11:47:49","date_gmt":"2025-12-11T11:47:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/12\/11\/ftse-100-edges-higher-magnum-ice-cream-rises-again\/"},"modified":"2025-12-11T11:47:49","modified_gmt":"2025-12-11T11:47:49","slug":"ftse-100-edges-higher-magnum-ice-cream-rises-again","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/12\/11\/ftse-100-edges-higher-magnum-ice-cream-rises-again\/","title":{"rendered":"FTSE 100 Edges Higher; Magnum Ice Cream Rises Again"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks turned in a mixed performance Thursday morning, with investors digesting the Federal Reserve&#8217;s interest rate decision and Fed Chair Jerome Powell&#8217;s post meet remarks, and reacting to Oracle&#8217;s results.<\/p>\n<p>The Fed lowered interest rate by 25 basis points, as widely expected, on Wednesday.<\/p>\n<p>At a news conference following the decision, Fed Chair Jerome Powell said the Fed would have to &#8220;wait and see&#8221; before making its next move, adding a rate hike isn&#8217;t in the base case.<\/p>\n<p>Fed members suggested just one further cut in their 2026 central projection, but traders bet risks are skewed towards more cuts.<\/p>\n<p>The benchmark FTSE 100 was up 17.50 points or 0.18% at 9,673.03 a little over half an hour before noon.<\/p>\n<p>The Magnum Ice Cream Company gained nearly 6%, extending recent upmove. Ashtead Group surged 3.75%, while Convatec Group and Berkeley Group Holdings climbed 2.6% and 2.3%, respectively.<\/p>\n<p>Weir Group, Sainsbury (J), Pearson, Diageo, Whitbread, Metlen Energy &amp; Metals, Rentokil Initial, JD Sports Fashion, Mondi and AstraZeneca gained 1.3 to 2%.<\/p>\n<p>Entain shed about 3.6%. Associated British Foods, Informa and Smith &amp; Nephew lost 1.9%, 1.6% and 1.1%, respectively. Relx, Lloyds Banking Group, Natwest, National Grid, The Sage Group, Admiral Group and Severn Trent drifted lower by 0.5 to 1%. <\/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 \/>FTSE 100 Edges Higher; Magnum Ice Cream Rises Again<\/a><br \/>\n<br \/>2025-12-11 11:47:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks turned in a mixed performance Thursday morning, with investors digesting the Federal Reserve&#8217;s interest rate decision and Fed Chair Jerome Powell&#8217;s post meet remarks, and reacting to Oracle&#8217;s&#8230;<\/p>\n","protected":false},"author":2,"featured_media":67569,"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-67568","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/67568","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=67568"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/67568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/67569"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=67568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=67568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=67568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}