London stocks shine on boost from gold miners, Hastings buyout

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

London-listed shares jumped on Wednesday as record gold prices powered miners of the commodity, while insurer Hastings Group soared after agreeing to a $2.2 billion buyout offer.

up 1%. Almost all the mid-cap sub-indexes were trading higher, led by industrials, consumer discretionary and materials stocks.also gained 1%, with investors watching signs of progress in a U.S. fiscal relief bill. White House negotiators have vowed to work"around the clock" to reach a spending deal by the end of the week.

“There is optimism that we’ll get some form of stimulus bill and we’ll continue to range trade in Europe at the moment it is difficult to take any sort of view to how the economy is going to look in the next six months,” said Michael Hewson, market analyst at CMC Markets UK.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Was this from 1066 😉

New Body-cam Footage of George Floyd Leaked

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A small London trading house reportedly made $500m on oil's historic plunge below zero - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »