The sustained momentum signals a robust period for London markets, with the midcap index specifically pacing for its most significant weekly performance since mid-April. While geopolitical tensions typically trigger defensive selling, the appetite for mining stocks has provided a necessary counterbalance, keeping the broader market trend firmly in positive territory as the trading week draws to a close.
UK Stocks Extend Rally as Mining Gains Buffer Geopolitical Uncertainty
A surge in precious metal miners pushed UK stock indexes toward a fourth consecutive week of gains on Friday, effectively dampening investor anxiety over the stability of U.S.-Iran relations. By 1009 GMT, the FTSE 100 climbed 0.6% to 10,933.67 points, while the FTSE 250 midcap index advanced 0.3% to 24,771.10 points.





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