London stocks rise on optimism over swift economic recovery | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

LONDON, April 1 — British shares tracked gains in Asian peers today, lifted by hopes of a swifter economic rebound this year, while Quilter rose after agreeing to sell its international business to Utmost Group. The blue-chip FTSE 100 index rose 0.5 per cent, with industrials and bank stocks,...

File photo of a worker sheltering from the rain as he passes the London Stock Exchange in the City of London at lunchtime October 1, 2008. ― Reuters picLONDON, April 1 — British shares tracked gains in Asian peers today, lifted by hopes of a swifter economic rebound this year, while Quilter rose after agreeing to sell its international business to Utmost Group.

“Despite the optimism surrounding the rollout of Covid-19 vaccines in a select group of countries, the virus continues to wreak havoc elsewhere,” Jeffrey Halley, senior market analyst, OANDA wrote in a note. The FTSE 100 has risen 4.6 per cent so far this year, supported by speedy vaccine rollouts and a raft of economic stimulus. But a recent spike in virus cases across Europe has made investors cautious.

 

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

 /  🏆 1. in İE

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.

London mid-cap stocks outperform as engineer IMI soars | Malay MailLONDON, April 27 ― London's FTSE-100 rose yesterday as mining and financial shares benefitted from growing hopes of an economic recovery, while a surge in shares of engineer IMI helped the mid-cap index outperform its blue-chip counterpart. The FTSE-100 added 0.4 per cent, helped by gains in...
Source: malaymail - 🏆 1. / 86 Read more »