FTSE 100 rises through Asia's chip crash, but is London's rally built to last?

UK stocks edged higher Thursday, with the FTSE 100 up ~0.2% to around 10,910 and the FTSE 250 also advancing. Upbeat company updates helped London offset a sharp technology-led pullback seen across Asia, limiting broader downside. The move appears supportive but not large enough to be market-defining.

Analysis

UK stocks edged higher Thursday, with the FTSE 100 up ~0.2% to around 10,910 and the FTSE 250 also advancing. Upbeat company updates helped London offset a sharp technology-led pullback seen across Asia, limiting broader downside. The move appears supportive but not large enough to be market-defining.