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Mining, energy stocks push FTSE 100 higher

Published 15/02/2021, 09:19
© Reuters.
UK100
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BP
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RDSa
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RIO
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AAL
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BHPB
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RR
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FTMC
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FTNMX402020
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(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 up 0.8%, FTSE 250 adds 0.7%

Feb 15 (Reuters) - London's FTSE 100 rose on Monday, as
mining and energy stocks tracked strong gains in commodity
prices and investors were hopeful that global vaccine rollouts
would quicken the economic recovery this year.
The commodity-heavy FTSE 100 .FTSE was up 0.8% by 0806
GMT, boosted by miners Anglo American AAl.L , Rio Tinto RIO.L
and BHP Group BHPB.L and oil producers BP BP.L and Royal
Dutch Shell RDSa.L .
Oil prices surged to their highest in 13 months as the
Saudi-led coalition fighting in Yemen said it intercepted and
destroyed an explosive-laden drone fired by the Iran-aligned
Houthi group toward the kingdom. O/R
The mid-cap FTSE 250 index .FTMC added 0.7%, gaining for a
third straight session.
Britain's housebuilding sector .FTNMX3720 gained 0.2% as a
survey showed asking prices for homes unexpectedly rose in
January and early February. Rolls-Royce RR.L climbed 0.1% after appointing Panos
Kakoullis, the former head of Deloitte's audit and assurance
practice, as its new chief financial officer.

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