London's FTSE 100 rises on mining boost; Reckitt Benckiser up

hl.co.uk:

We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Newsroom

Newsroom articles are published by leading news agencies. Hargreaves Lansdown is not responsible for an article's content and its accuracy. We may not share the views of the author.

HL Podcast

HL Insight

UK's FTSE 100 opened higher on Wednesday, helped by mining stocks on the back of gains in metal and gold prices, while Reckitt Benckiser rose after the company said its chief financial officer would retire next year.

Article originally published by Reuters. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

Published by

23 Aug 2023

The exporter-heavy FTSE 100 was up 0.4% in early trade, while mid-cap stocks were up 0.3%.

Industrial metal miners rose 1%, leading sectoral gains on the back of higher base metal prices.

Shares of personal care, drug and grocery store companies recovered after a sell-off in the previous session, rising 0.5%, helped by a 0.4% gain in Reckitt Benckiser .

Reckitt Benckiser said Chief Financial Officer Jeff Carr would retire in March 2024 and be replaced by Nike's Shannon Eisenhardt.

This article was from Reuters and was legally licensed through the DiveMarketplace by Industry Dive. Please direct all licensing questions to legal@industrydive.com.

Available online and via all major streaming apps.

Special guests give the inside scoop of the challenges and opportunities faced by key industry sectors. Plus, experts on business news, the