# FTSE 100 index was up 49.24 points, 0.5%, at 10,370.33.

*fintech · news · 2026-04-28 · MarketScreener*

## Key points

- BP's first-quarter profit exceeded expectations due to stronger oil prices, boosting its shares by 2.7%.
- Retail data shows UK grocery inflation slowed to 3.8% in April, the lowest in a year.
- IQE shares dropped 24% after raising GBP513 million at 19.8 pence per share via equity offering.
- Mila Resources saw shares jump 21% after reporting its highest-grade gold intercept at Yarrol project.
- Telecom Plus forecast annual pretax profit at the low end of guidance, citing reduced energy usage.

**Companies:** BP, Shell, Coca-Cola Europacific Partners, IQE, Watches of Switzerland, Telecom Plus, SSP Group, Travis Perkins, Taylor Wimpey, Mila Resources, Technology Minerals
**Countries:** United Kingdom, United States, Iran, Ireland

[Read the full story on MarketScreener](https://www.marketscreener.com/news/ftse-100-lifted-by-oil-majors-barclays-down-ce7f59d2d98ff022)

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