April 10 (Reuters) – The main UK stock indexes rose on Friday, poised for weekly gains, as investors awaited key U.S. \u200cinflation reading later in the day and peace talks between \u200cU.S. and Iranian officials over the weekend.<\/p>\n
The blue-chip FTSE 100 index rose 0.3% by 1140 \u200bGMT, on track for its third week of gains in a row. The midcap FTSE 250 jumped 1%, set for its second consecutive week of gains.<\/p>\n
* Global stocks were sanguine as traders awaited the outcomeof the \u200cU.S.-Iran peace talks set \u2060to be held in Pakistan’scapital, Islamabad, on Saturday. * The Strait of Hormuz remained shut on Friday and Israeltraded \u2060fire with Hezbollah in Lebanon, which the United Statesand Iran each described as violations of their ceasefire deal. * Stocks rebounded earlier this week as oil \u200bprices \u200bslidfollowing the announcement of a two-week \u200bceasefire to the MiddleEast conflict, \u200craising expectations of a revival in shippingthrough the strait. * However, the flow of oil from the Gulf remains heavilyrestricted, keeping futures prices near $100 a barrel. * Investor focus was also on U.S. inflation data at 8.30a.m. ET (1230 GMT), expected to show consumer prices likelyrecorded their biggest increase in \u200cnearly four years in March. * AO World gained \u200b6.9% after the British electronicsretailer said \u200bit expected annual profit at \u200bthe top end of itsforecast range, after gaining market \u200cshare across all keycategories in its \u200bconsumer-focused business. * B&M’s shares \u200bfell 3.6% as interim CFO Helen Cowing leftthe British discount retailer after less than five months in thejob, the company said. * \u200bWizz Air surged 9.7% \u200cafter a Bloomberg report saidUkraine’s top negotiator with Russia saw \u200bprogress towards apotential peace deal with Russia.<\/p>\n
(Reporting by Sruthi Shankar \u200bin Bengaluru; Editing by Vijay Kishore)<\/p>\n","protected":false},"excerpt":{"rendered":"April 10 (Reuters) – The main UK stock indexes rose on Friday, poised for weekly gains, as investors…\n","protected":false},"author":2,"featured_media":884600,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3,4],"tags":[748,393,4884,250029,1144,22712,712,1017,16,15,1764],"class_list":["post-884599","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uk","category-united-kingdom","tag-britain","tag-england","tag-great-britain","tag-iranian-officials","tag-northern-ireland","tag-peace-talks","tag-scotland","tag-u-s","tag-uk","tag-united-kingdom","tag-wales"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116380360899394785","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/884599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=884599"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/884599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/884600"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=884599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=884599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=884599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}