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Retail shares rally on news of Iran ceasefire – but worries remain
By Dominic Bernard2026-04-09T14:36:00
“Euphoria” over news of a ceasefire between the US and Iran prompted a rally in City shares on Wednesday, as investors bought back into disrupted stocks. UK retail shares leaped 5.3% on Wednesday, ahead of both FTSE 100 (2.5%) and FTSE 250 (4.1%)
“Euphoria” over news of a ceasefire between the US and Iran prompted a rally in City shares on Wednesday, as investors bought back into disrupted stocks. UK retail shares leaped 5.3% on Wednesday, ahead of both FTSE 100 (2.5%) and FTSE 250 (4.1%).
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