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London stocks jump as retailers reopen after coronavirus shutdown | Malay Mail

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LONDON, June 1 — London-listed shares rose more than 1 per cent today as retailers began reopening stores following a months-long coronavirus-led lockdown, with Primark owner pushing ahead to restart business at all of its England shops on June 15. Associated British Foods, owner of the fashion...

The domestically focussed mid-cap index was also up 1.1 per cent, building on a strong two-month rally that has been powered by hopes the UK economy would rebound from a looming coronavirus-fuelled global recession. — Reuters pic

Associated British Foods, owner of the fashion retailer, rose 3.1 per cent, while the wider retailer index added 1.0 per cent. The blue-chip FTSE 100 jumped 1.3 per cent.

 

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