UK stocks set for weekly gains; focus on U.S. data, peace talks
Published on April 10, 2026.
The main UK stock indices rose on Friday, with the FTSE 100 rising by 0.3%, and the midcap FTSe 250 jumping by 1%. The focus was on key U.S. inflation reading later in the day and peace talks between U.K. and Iranian officials. The Strait of Hormuz remained closed and Israel traded fire with Hezbollah in Lebanon, which both the United States and Iran described as violations of their ceasefire deal. Stocks rebounded earlier this week after oil prices dropped following the announcement of a two-week ceasefire to the Middle East conflict. AO World (AO.L) gained 6.9% after the company announced it expected annual profit at the top end of its forecast range after gaining market share.
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