London's FTSE 100 climbed to a fresh record high on Friday and was set for its eighth straight monthly rise, boosted by heavyweight miners as lingering tariff concerns fuelled safe-haven demand in some commodities, reports Reuters.
The blue?chip FTSE 100 rose 0.5 per cent to 10,900 points as of 1022 GMT, while the mid?cap FTSE 250 was up 0.2 per cent, less than 2 per cent from its 2021 peak.
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Precious?metal miners and industrial?metal miners rose as demand for gold and copper increased, with investors flocking to safe?haven assets amid uncertainty over US tariff policies and heightened tensions between the United States and Iran.
Mining stocks have been among the biggest contributors to the FTSE 100's gains over the past year, supported by sustained tightness in commodity markets and firm metals pricing.
The FTSE 100 is on track for its longest monthly winning streak since 2012-2013.
Britain's FTSE 100 hits new peak on miners strength
FE Team | Published: March 02, 2026 00:47:55
Britain's FTSE 100 hits new peak on miners strength
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