FTSE 100 Approaches Record High
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The FTSE 100 rose 0.6% to 10,208, nearing its record high, driven by gains in major banks and pharmaceutical companies. HSBC led the banks with a nearly 3% increase, while Barclays, NatWest, and Lloyds followed with close to 2% gains, aided by a decline in Gilt yields. GSK and AstraZeneca also saw increases of 1.9% and 1%, respectively. Conversely, Fresnillo and Endeavor fell by 7% and 3.5% due to uncertainties in bullion prices after recent surges.
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