U.K. stocks experienced an upswing on Thursday, primarily driven by gains in commodity-related sectors following positive sentiment regarding potential additional stimulus actions from Beijing.
The FTSE 100, the primary index, increased by 19 points or 0.2%, reaching 8,321, building on a 0.3% rise from the previous session.
Mining companies such as Anglo American, Antofagasta, and Glencore registered gains between 0.5% and 1%. Energy conglomerates BP Plc and Shell also saw their shares elevate by around 1% each.
Bodycote, known for providing heat treatment and thermal processing services, witnessed an uptick after revealing plans to augment its current share buyback program by 30 million pounds, adding to the existing 60 million pounds.
Contrarily, specialist recruitment firm SThree saw its shares drop by 23% following a warning of a significant profit decline.
On a brighter note, Currys, a retailer specializing in technology and electrical goods, surged by 12% after delivering a reduced loss for its first half and maintaining confidence in its full-year targets.
