FTSE recovers from one-week low as miners, TUI rally

FTSE recovers from one-week low as miners, TUI rally
 

UK shares rose on Wednesday, recovering from a one-week low as shares in commodities-related stocks rallied and tour operator TUI gained after raising its profit forecast.
The blue chip FTSE 100 index was up 0.9 percent at 6,867.90 points by 0908 GMT, in line with a broader rally in European stock markets.
Mining companies were the top risers, with Rio Tinto, Anglo American and BHP Billiton all gaining between 2.5 to 3.1 percent, with analysts citing a rise in the price of nickel following the suspension of mines in the Philippines as giving the sector a boost.
Oil prices strengthened after... read more

 
28 September 2016 in World News, Views: 30
Source: Reuters
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