Business · Markets · 9 hrs ago
London stocks rise as investors weigh earnings outlook and higher oil prices
London’s FTSE 100 rose 1% on Monday, and the FTSE 250 also gained, while the AIM All-Share fell.
Oil prices climbed after Houthi attacks on Saudi Arabia and uncertainty over a claimed energy ceasefire between Ukraine and Russia.
Brent crude was quoted at $106.60 a barrel, up from $104.86 late on Friday.
Investors are looking ahead to a busy week that includes results from major US banks and technology firms ASML and TSMC.
US inflation figures, UK growth data, eurozone inflation and US retail sales are also due.
The US inflation figures could influence the Federal Reserve’s next decision on interest rates.
European markets mostly rose, while US share indexes were mixed at the time London markets closed.
The FTSE 100 rose 1.0% on Monday to 10,656.28 as investors looked ahead to earnings and economic data.
The FTSE 250 gained 0.5%, while the AIM All-Share fell 0.3%.
Oil prices climbed after Houthi attacks on Saudi Arabia and uncertainty over a proposed Ukraine-Russia energy ceasefire.
Investors were also preparing for US bank earnings, inflation figures and other economic reports due later in the week.
Brent crude was quoted at $106.60 a barrel, up from $104.86 late on Friday.
- Who
- Investors and traders in London’s stock market.
- What
- The FTSE 100 rose 1.0% and the FTSE 250 rose 0.5%, while the AIM All-Share fell 0.3%.
- When
- Monday, 12 October 2026.
- Where
- London, United Kingdom.
- Why
- Investors looked ahead to earnings and economic data due later in the week, while oil prices remained high.
This story does not have two clearly opposing sides.
Houthi attacks on Saudi Arabia’s international airport in Riyadh killed at least 13 people.
Crude prices rose and the FTSE 100 ended up 1.0% at 10,656.28.
JP Morgan, Goldman Sachs and Bank of America were due to report earnings.
- FTSE 100 close
- 10,656.28, up 104.23 points or 1.0%
- FTSE 250 close
- 24,328.06, up 114.28 points or 0.5%
- AIM All-Share close
- 774.91, down 2.62 points or 0.3%
- Brent crude
- $106.60 a barrel, up from $104.86 late Friday
- Saudi airport attack
- At least 18 people killed; 13 died on Saturday
What people are saying
beneath the surface calm
This is a high-impact week for financial markets.
We expect little in the way of concrete forward guidance, but policymakers will likely suggest a need for additional policy firming over the next several months.
Sources
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