Rolls-Royce shares rocket to recovery as FTSE 100 takes off

FTSE 100 posts strongest session in nearly a year

Britain’s blue-chip index recorded its best daily performance in almost a year after Donald Trump indicated the US could end the war in Iran “very soon.” The FTSE 100 closedRead More...

Rolls-Royce's share price is rallying again! But for how long?

Rolls-Royce (LSE:RR.) has burst out of the blocks, its share price rising 5.5% on Wednesday (1 April). The reason? Hopes that the Iran War could end in the coming weeks. The engineer’s outperforming the broader FTSE 100, which is up 1.9% in mid-week trading. It’s perhaps no surprise — Rolls-Royce could be one of the biggest beneficiaries of a ceasefire, along with the airlines it supplies. The shares have fallen 11.8% in the month to date. Could…

Rolls-Royce shares rocket to recovery as FTSE 100 takes off

Shares in City heavyweight Rolls-Royce helped lead London’s blue-chip index higher this morning as markets were buoyed by hopes of peacetalks in the Middle East. Rolls-Royce stock soared as much as seven per cent on open to 1,215.00p. It followed comments from Donald Trump that the US would “leave” Iran in “two to three weeks”. Speaking at the White House, the President said Iran was “begging” for a deal but described reaching one as “irrelevant…