FTSE 100 Opens Higher While Paris and Frankfurt Pull Ahead
As seen on the 24/7 Wall St. homepage on October 29, 2026.
- 🇬🇧 FTSE 100+0.21%
- 🇩🇪 DAX+0.26%
- 🇫🇷 CAC 40+0.42%
London opened green but trailed the Continent, with the CAC 40's 0.42% gain doubling the FTSE's start. Earnings season is doing the lifting here, and the Bank of England's rate path is the next test.
Continue ReadingShow less
The FTSE 100 added 29.5 points at the open on October 29, 2026, continuing a broad green start across European markets, though London's gain was the smallest of the three major bourses on the day.
The CAC 40 in Paris climbed 0.42% at the open, more than double the FTSE's pace, with Frankfurt's DAX also higher. That gap matters for investors tracking relative momentum across Europe: the Continent is currently outrunning London out of the gate.
Sponsored
Earnings season is the engine behind the FTSE's move, with corporate results providing the lift. The index had closed the prior session at 14,249, so today's open extends a very short-term recovery after a dip earlier in the week.
The next significant test for London is the Bank of England's rate path. Any shift in guidance there carries direct implications for the rate-sensitive sectors that carry heavy weight in the FTSE 100, so that decision will either validate or complicate the momentum the index is trying to rebuild.