Banks, miners boost UK stocks as recovery optimism back in focus | Malay Mail

The blue-chip FTSE 100 index was up 0.7 per cent, with bank and mining stocks including HSBC Holdings, Barclays, Prudential Financial, Rio Tinto, Anglo American and BHP being the biggest gainers. — Reuters picLONDON, March 30 — British shares rose today, boosted by gains in banks and miners on investor optimism over a vaccine-led economic recovery, while Royal Mail climbed after announcing a one-off dividend payment.

Oil heavyweights BP and Royal Dutch Shell were also among the biggest boosts, rising between 0.5 per cent and one per cent. The FTSE 100 has rebounded more than 38 per cent from a coronavirus-driven crash last year, but has struggled to reach pre-pandemic highs as commodity prices, lockdown measures and rising US bond yields weigh.

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US stocks fall as large banks warn of losses | Malay MailNEW YORK, March 29 — Wall Street stocks fell early today as turmoil involving US fund Archegos Capital Management affected international banks, and as markets eye key US economic reports this week. Top global banks Nomura of Japan and Switzerland’s Credit Suisse warned they could face...
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