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    Home»Precious Metal»British Markets Rebound as Investor Sentiment Shifts on Global Developments
    Precious Metal

    British Markets Rebound as Investor Sentiment Shifts on Global Developments

    March 12, 20251 Min Read


    British shares recovered from a recent slump on Wednesday as positive news from the Ukraine-Russia conflict and corporation earnings reports boosted investor confidence. The FTSE 100 closed with a 0.5% gain, halting a six-day losing streak.

    Developments included the U.S. resuming military aid to Ukraine following a proposal for a 30-day ceasefire. Most London sub-sectors rose, with the financial sector providing significant support to the blue-chip index.

    Precious metal miners topped gains, riding the wave of rising gold prices. Particularly, Hochschild Mining surged by 12.6% thanks to reinstituting its dividend payout, making it the leading performer on the FTSE 250, which rose by 0.6%.

    (With inputs from agencies.)



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