FTSE 100 gains 1.1 percent as oil and gilt yields retreat
Published on 10/09/2026 at 21:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The FTSE 100 closed at 10,552 points on October 9, 2026, up 1.1 percent.
- Lower oil prices and retreating gilt yields improved sentiment after a volatile week.
- Relx, Sage Group and Antofagasta led gains, while telecom stocks lagged.
- Bank of England speeches are scheduled for October 12, 2026.
The FTSE 100 closed at 10,552 points on October 9, 2026, up 1.1 percent, as lower oil prices and retreating gilt yields improved sentiment after a volatile week. The index traded between 10,442 and 10,577 points, according to Yahoo Finance.
Oil and yields support a 1.1 percent recovery
London equities strengthened as Brent crude fell from the previous session's level and bond yields narrowed. Morningstar reported Brent at USD102.75 a barrel at midday, down from USD105.57 late Thursday, while the US 10-year Treasury yield was quoted at 5.23 percent, down from 5.34 percent.
The move also followed comments from US President Donald Trump ruling out military strikes against Iran before the November midterm elections and describing discussions with Tehran as productive, the same source reported.
Software and miners lead the advance
Relx rose 4.3 percent, Sage Group gained 4.8 percent and Antofagasta advanced 5.1 percent. Mining shares benefited from firmer metal prices, while financial stocks also strengthened as gilt yields retreated, Borsa Italiana reported.
Telecom stocks moved against the broader market. Vodafone Group and Airtel Africa fell, while BT Group also declined. Airtel Africa's weakness followed the start of conditional dealings in its mobile-money business after an initial public offering priced at 196 pence per share, according to Morningstar.
What comes next
On Monday, October 12, 2026, Bank of England Deputy Governor Sarah Breeden is scheduled to speak at 9:30 a.m. London time and Monetary Policy Committee member Catherine Mann at 12:50 p.m. London time. The UK BRC Retail Sales Monitor is listed for 11:01 p.m. London time, according to Trading Economics.
