FTSE 100 rises 0.68% as miners lead rebound
Published on 11/09/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFTSE 100 rebounds as miners lead
- The FTSE 100 rose to 10,746.09 points at 10:54 GMT on November 9, 2026.
- The index was 0.68% above Friday's close of 10,673.94 points, based on the reported levels.
- Mining shares gained as gold prices rose, while lower oil prices eased inflation concerns.
The FTSE 100 recovered during Monday's London session as investors rotated into mining shares and assessed lower oil prices, after the index had fallen sharply in the previous week. At 10:54 GMT on November 9, 2026, the blue-chip index stood at 10,746.09 points, according to Reuters. That was 0.68% above Friday's close of 10,673.94 points, based on the reported index levels. The London session was still under way.
Miners support the rebound
Precious-metal miners were among the strongest FTSE 100 constituents as gold prices moved higher. Reuters said the advance in gold helped lift mining shares, while investors also considered the UK's latest jobs report. The move followed Friday's volatile session, when the index closed 1.01% lower after concerns about the outlook for artificial-intelligence investment weighed on sentiment.
Early-session market data from Hargreaves Lansdown showed gains for Fresnillo, Antofagasta, Anglo American, Rio Tinto, Glencore and Endeavour Mining. The same report identified miners as the best-performing FTSE 100 sector in early trading.
Oil and technology remain in focus
Lower crude prices also influenced the market backdrop. Reuters linked the decline in oil to reduced inflation concerns, while diplomatic developments involving the United States and Iran were being assessed by investors. Lower energy costs can ease pressure on household and corporate spending, although the index's energy constituents may face a different earnings effect from weaker crude prices.
Technology sentiment remained fragile after the previous week's global sell-off. Hargreaves Lansdown reported that investors were also considering news surrounding an independent investigation at Nvidia. For the FTSE 100, the session therefore combined support from commodity-linked miners with continued sensitivity to developments in global technology stocks.
Further movements in metals, oil and global technology shares may influence the index before the London close. The latest FTSE 100 coverage is available on the FTSE 100 topic page.
