FTSE 100 snaps two-day losing streak

The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal miners, while Sage led gains in the benchmark index after the software firm’s profit jump.

The large-cap FTSE 100 (.FTSE) was up 0.2% at 0907 GMT, snapping a two-day losing streak, while the mid-cap index (.FTMC) climbed 0.3%.

Precious metal miners (.FTNMX551030) tracked a jump in gold prices and rose 0.4%. The bullion was lifted by a weaker dollar and a dip in U.S. bond yields amid expectations that the Federal Reserve was done hiking its interest rates.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

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