London stocks rise on year-end rate cut optimism, miners aid – Markets

The UK shares opened higher on Wednesday, led by a rise in mining firms, while investors latched on to the year-end optimism driven by expectations that major central banks could begin cutting interest rates in the upcoming year.

By 8:14 GMT, the blue-chip FTSE 100 was up 0.3% and the FTSE 250 mid-cap index rose 0.1%.

Precious metal miners gained 1%, mainly supported by expectations of…