FX.co ★ FTSE 100 Attempts Gains after 3-Day Loss

The FTSE 100 rose more than 1% on Tuesday, attempting to recover after three straight sessions of declines. Sentiment improved as oil prices eased, reducing pressure on investors and helping to lift the broader market. Banks, miners, and airlines all gained, with airline stocks in particular benefiting from the prospect of lower fuel costs and a brighter outlook for international travel following recent conflict-related disruptions. Among individual names, Persimmon was a standout, with its shares surging around 10% after the housebuilder reported higher annual sales and profits and described recent housing market conditions as “supportive.” By contrast, Shell and BP retreated, dragged lower by the drop in oil and gas prices.