FTSE 100 gains 0.42 percent at midday as oil and yields ease

The index stood at 10,542.27 points at 12:11 p.m. BST as softer oil, lower yields and Informa's Clarion deal supported equities.

The FTSE 100 was trading at 10,542.27 points at 12:11 p.m. BST on October 6, 2026, up 0.42 percent from Monday's close. Fidelity listed the session high at 10,602.57 and the low at 10,498.03. Reuters said softer oil and retreating bond yields helped lift London shares.

Drivers of the day

Brent crude fell to USD98.56 at midday from USD102.32 late Monday afternoon, while gold rose to USD4,159.31 an ounce from USD4,137.43, according to Morningstar. The US 10-year Treasury yield eased to 5.27 percent from 5.33 percent at Monday's London close.

Informa gained 2.7 percent after announcing a GBP2.24 billion acquisition of Clarion Events, a GBP940 million share placing and a review of options for separating Taylor & Francis, as detailed by Reuters. BAE Systems fell 2.8 percent and Asos dropped 8.6 percent, according to Morningstar.

Events ahead

The UK construction PMI rose to 46.1 in September from 44.3 in August, beating the 44.9 consensus forecast, ITV News reported. US trade data is scheduled for 1:30 p.m. BST, according to Morningstar.

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