FTSE 100 closes at 10,835.47 as energy and tech shares rebound
Published on 11/11/2026 at 22:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFTSE 100 ends Wednesday higher
- The index closed at 10,835.47 points, up 83.88 points or 0.78 percent.
- Energy, mining and technology shares supported the advance as oil, copper and the AI trade recovered.
- Investors continued to assess the outlook for interest rates and await UK economic data due Thursday.
- Spirax Group gained after reiterating its full-year guidance, while Taylor Wimpey and ITV fell on weaker outlooks.
The FTSE 100 ended Wednesday, November 11, 2026, at 10,835.47 points, up 83.88 points or 0.78 percent from Tuesday's close of 10,751.59. The index represents the 100 largest blue-chip companies listed in London, according to LSEG. The closing level and daily change were reported by Alliance News.
Energy and mining shares lead recovery
Higher oil and copper prices provided support to the index's energy and mining constituents. Reuters said the energy sector rose 1.7 percent, ending a seven-session losing streak, while industrial metal miners gained nearly 1.8 percent as copper prices strengthened. BP rose 2.7 percent and Shell added 1.3 percent, according to the agency's market report. The moves helped the FTSE 100 recover from Tuesday's decline, although investors remained focused on the direction of UK interest rates.
Technology sentiment improves
Technology shares also benefited from a renewed recovery in the artificial-intelligence trade. Better-than-expected results from US cloud infrastructure provider CoreWeave, together with an improved outlook, lifted sentiment across technology and semiconductor stocks. Hargreaves Lansdown said the results helped repair some of the damage from the previous technology sell-off. Computacenter rose 4.67 percent, while Spirax Group gained 3.60 percent.
Company news splits the market
Spirax Group advanced after reiterating its full-year guidance and reporting stronger organic sales growth and adjusted operating margins for the first 10 months of the year. On the weaker side, Taylor Wimpey fell 4.49 percent after pointing to the lower end of its consensus range for full-year adjusted operating profit and citing a subdued autumn selling season. ITV dropped 3.52 percent after identifying an additional 30 million pounds in temporary savings and warning that fourth-quarter advertising revenue could decline by 5 to 10 percent.
UK data due Thursday
The market's attention now turns to Thursday's UK gross domestic product, industrial production, manufacturing production and trade figures, all scheduled for 07:00 GMT, according to Alliance News. Investors will also receive US initial jobless claims and existing-home-sales data. The FTSE 100's Wednesday gain therefore came against a backdrop of improving risk appetite in technology and commodities, but continuing uncertainty over inflation, currencies and future interest-rate policy.
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