FTSE

The FTSE 100 steadied after a positive start on Wednesday as gains in personal care stocks were offset by losses in miners. Personal care, drug, and grocery stores sector gained 1.3%, reaching a two-month high. However, industrial metal miners slipped 1.7% due to a decline in copper prices. Among single stocks, Entain saw a 2% rise as Ricky Sandler was appointed as a non-executive director. GSK Plc gained almost 2% after receiving a higher rating from Jefferies. The IoD confidence index showed that British business leaders are becoming more pessimistic and hesitant with investment decisions. Meanwhile, investors eagerly await the Fed’s December meeting minutes for insights into potential interest rate cuts.