FTSE 100 Hits Record High On Strong Earnings
The FTSE 100 rose to a record high in early trading, up 0.26% to 10,899.45, supported by strong earnings. Standard Chartered gained over 3% after higher quarterly profit and a $1bn share buyback, plus a 20.4p interim dividend. Glencore and Rio Tinto rose on trading and earnings updates, while Middle East tensions weighed on sentiment.