🤯 Have you seen our AI stock pickers’ 2024 results? 84.62%! Grab November’s list now.Pick Stocks with AI

London stocks track Asia rally on recovery hopes

Published 13/07/2020, 08:26
© Reuters.
UK100
-
FTMC
-
FTNMX405010
-
FTNMX551030
-
FTNMX601010
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 up 1.1%, FTSE 250 adds 1.2%

July 13 (Reuters) - UK stocks jumped 1% on Monday as
investors bet on a stimulus-led economic revival, with focus
also turning to the U.S. quarterly earnings season for signs of
a pickup in activity following the easing of coronavirus
lockdowns.
The blue-chip FTSE 100 .FTSE was up 1.1%, with fewer than
10 stocks in the red in early trading, while the mid-cap FTSE
250 .FTMC added 1.2%, led by travel .FTNMX5750 , energy
.FTNMX0530 and mining .FTNMX1770 stocks.
Asian shares also began the week on an optimistic note,
climbing toward five-month peaks even as some U.S. states
reported record new COVID-19 cases. MKTS/GLOB
Meanwhile, Brexit negotiations are back in focus with
Britain urging businesses and individuals to prepare for the
Dec. 31 end of the transition period. Cabinet Minister Michael
Gove said on Sunday progress was being made in talks, but there
were still divisions.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.