UK stocks rise at the end of trading on Tuesday

The UK FTSE 100 Index Ends Tuesday's Trading with a Slight Upward Bound

 

UK stocks closed Tuesday's trading session with gains across several sectors.

The most notable sectors to achieve gains were the military and mining industries.

The most prominent leading stocks that rose at the end of trading today were:

International Consolidated Airlines Group S.A. shares rose by 3%.

Rolls-Royce Holdings PLC shares rose by 2.8%.

Fresnillo PLC shares rose by 2%.

The UK FTSE 100 Index also rose by 0.05%.

 

FTSE 100 Index

 

Regarding the technical analysis of the FTSE 100 Index,

the index is still moving in a general upward trend.

The index is currently testing strong demand zones on the 4-hour timeframe.

These zones are located at the 9201 level. 

The index has also managed to break the corrective downtrend,

 indicating the possibility of a renewed upward trend and the end of the current correction process.

In the event of an upward trend, targets of 9250, 9320, and 9390 are expected.

However, if the demand zones are broken and the index closes below them, 

specifically closing below the 9156 level, the expected upward trend for the index will fail.

The current corrective decline may continue in the near term.