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* FTSE 100 up 0.8%, FTSE 250 adds 0.1%
Jan 7 (Reuters) - London's FTSE 100 jumped on Thursday as
energy stocks tracked strong gains in crude prices, while
investor confidence was further bolstered by hopes of a bigger
U.S. stimulus package under a Democrat administration.
The blue-chip FTSE 100 .FTSE gained 0.8%, with BP BP.L
and Royal Dutch Shell RDSa.L being the biggest boosts, while
supermarket group Sainsbury SBRY.L was the top gainer on the
index.
The supermarket owner gained 5.3% after it raised its
full-year profit forecast as it benefited from COVID-19
restrictions that forced people to stay at home.
Global risk assets gained in anticipation of big borrowing
and big spending under the Democrat administration which would
help support economic growth at a time the coronavirus crisis
continues to ravage several businesses globally. MKTS/GLOB
London-listed shares of Europe's largest low-cost carrier
Ryanair RYA.L dropped 1.0% after it slashed its annual traffic
forecast due to fresh lockdowns in the United Kingdom and
Ireland.