UK Stocks Focus on Central Bank Policies: FTSE 100 Slightly Down 0.2% with Precious Metals Sector Leading the Way
On May 6, the UK's FTSE 100 index closed 0.2% lower at 8,143 points. Investors remained cautious ahead of the interest rate decisions of the Federal Reserve and the Bank of England. The mid - cap index, however, bucked the trend and rose 0.6%, achieving a nine - day winning streak. The precious metals sector soared 5.5% boosted by the gold price. Endeavour Mining (+5.2%) and Fresnillo (+4.7%) led the gains among the blue - chip stocks.