FTSE 100 Opens Higher as Banks Rebound and Trade Hopes Lift Mood - Investomania

FTSE 100 Opens Higher as Banks Rebound and Trade Hopes Lift Mood

The FTSE 100 opened 0.5% higher at 9,396.84, driven by a rebound in banking stocks and optimism over US-China trade talks.

Defence stocks also saw significant gains, with Babcock up 2.9%, BAE Systems gaining 1.5%, and Rolls-Royce adding 2.8%.

European defence names followed suit, with Rheinmetall, Leonardo, and Safran rising 4.4%, 3.2%, and 2.1%, respectively.

Investor sentiment was buoyed by reports that the US and China will hold another round of trade talks this week.

Author's summary: FTSE 100 opens higher on banking rebound and trade optimism.

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Investomania Investomania — 2025-10-20

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