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London stocks gain on recovery optimism; energy firm SSE jumps

Published 17/06/2020, 08:19
London stocks gain on recovery optimism; energy firm SSE jumps
UK100
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SSE
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FTMC
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FTNMX301010
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FTNMX201030
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FTNMX351020
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BOOH
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news window)
* FTSE 100 up 0.4%, FTSE 250 adds 0.7%

June 17 (Reuters) - London's FTSE 100 rose for a second
straight day on Wednesday as investors remained optimistic about
a post-coronavirus economic recovery, with energy firm SSE Plc
jumping after posting an upbeat annual profit.
The renewable power generator and network operator SSE.L
jumped 8.7% to the top of the FTSE 100 even as it warned of a
hit to profit for the current year due to the impact from the
coronavirus crisis. The blue-chip FTSE 100 .FTSE was up 0.4% after ending
Tuesday with its best session in a month due to robust U.S.
economic data and positive results from a UK drug trial in
reducing COVID-19 death rates.
The mid-cap FTSE 250 .FTMC gained 0.7%, with real estate
.FTNMX8670 , banking .FTNMX8350 and health care .FTNMX4570
stocks leading gains.
Online fashion group Boohoo BOOH.L surged 10.2% as it
forecast annual results ahead of market expectations, thanks to
strong demand for its brands and apparel during coronavirus-led
lockdowns.

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