NatWest Group is trading 4.31% up at £605.00, in line with a broader UK banking-sector rally.
- Reuters reported the sector was up 4.3%, with NatWest among banks gaining 3.6% to 4.8% ahead of an expected Bank of England rate hike.
- An analyst said higher rates could support banks’ net interest income.
- No distinct November 4 company-specific catalyst was identified; the move is best attributed to sector sentiment.