Energy stocks, homebuilders boost FTSE 100; DH Smith slumps | Malay Mail

LONDON, June 23 ― British shares ended higher yesterday led by gains in heavyweight energy and homebuilder stocks, while investors hoped that the central bank will keep interest rates at record lows despite a recent rise in inflation.

“Investors are slowly getting used to the idea that all of this talk about the prospect of rate rises and tapering is merely finessing a timeline... when it comes to withdrawing stimulus and potentially raising rates,” said Michael Hewson, chief market analyst at CMC Markets UK. The energy index gained 2.14 per cent with Royal Dutch Shell and BP being the top boost to the FTSE 100 index.

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Miners, industrial stocks boost FTSE 100; Morrisons surges 35pc | Malay MailLONDON, June 22 ― London's FTSE 100 ended higher yesterday, helped by gains in mining and industrial stocks, while supermarket chain Morrisons was the top gainer on the mid-cap index following a proposed takeover offer. After falling as much as 0.98 per cent to its lowest since May 19, the...
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