FTSE 100 closes 0.99% higher at 10,780.07
Published on 11/09/2026 at 18:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLondon stocks recover on Monday
- The FTSE 100 closed at 10,780.07 on November 9, gaining 0.99% from Friday's close.
- Mining stocks benefited from higher precious and industrial metal prices, while lower oil prices eased some inflation concerns.
- Investors also assessed signs of progress in US-Iran diplomacy and the UK's latest jobs data.
- International Consolidated Airlines Group rose, while Kainos fell sharply after reporting lower margins.
London's FTSE 100 ended Monday's session at 10,780.07 points, up 0.99%. The index recovered from Friday's 1.01% decline and rose 106.13 points from the previous session's close of 10,673.94. The closing level and percentage move were reported by MT Newswires via Yahoo Finance, while the closing index value and point change were also shown in Investing.com.
Miners lead the recovery
Mining stocks provided the clearest support for the resource-heavy benchmark. Alliance News, published by Morningstar, reported gains of 3.8% for Antofagasta, 3.4% for Endeavour Mining, 3.0% for Anglo American and 2.8% for Fresnillo during Monday's session. Gold, silver and copper prices advanced, supporting the mining complex after the sector had been weakened by last week's concerns about technology investment and industrial demand.
Reuters reported earlier in the session that the FTSE 100 was up 0.6% at 10,746.09 points by 10:54 GMT. The news agency attributed support for precious-metal miners to firmer gold prices and said lower oil prices helped ease inflation concerns. Investors were also assessing the UK's latest jobs report and looking ahead to US inflation data later in the week.
Diplomacy shapes broader sentiment
Oil prices declined as markets assessed indications of progress in US-Iran talks. MT Newswires said investors were also monitoring continuing maritime tensions near the Strait of Hormuz. Lower energy prices can reduce near-term inflation pressure, although the geopolitical risk remains relevant for the outlook for commodities and interest rates.
Stock-specific moves remain mixed
International Consolidated Airlines Group rose 3.41% after Bernstein raised its price target and reiterated an outperform rating, according to MT Newswires. Kainos Group fell 11.79% in closing trade after reporting higher first-half revenue and profit but a decline in gross margin linked to increased use of contractors and supply partners. The mixed performance underlined that Monday's index rebound was driven more by sector rotation and macroeconomic developments than by a broad-based advance across all constituents.
For further FTSE 100 coverage, visit the FTSE 100 topic page.
