(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 0.4%, FTSE 250 off 0.04%
April 8 (Reuters) - London’s FTSE 100 climbed on Wednesday supported by gains in heavyweight mining and banking stocks, while investors awaited March construction industry activity data later in the day.
The blue-chip index rose 0.4% to its highest since February last year, with Johnson Matthey jumping 3.4% after the chemicals maker said it had started a strategic review of its health business.
Mining stocks rose with Anglo American gaining 2.5%, as the company said it would spin off its thermal coal assets in South Africa.
The domestically focussed mid-cap FTSE 250 index edged 0.04% lower after scaling a record high in the previous session.
Globally, investor sentiment was upbeat after the Federal Reserve underlined its commitment to keeping policy super loose even as the U.S. economy enjoys a rapid recovery.
Among other stocks, Lookers jumped 15% after the auto retailer forecast 2021 underlying profit before tax to be materially ahead of analysts’ estimates. (Reporting by Devik Jain in Bengaluru; Editing by Shounak Dasgupta)
"activity" - Google News
April 08, 2021 at 02:35PM
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Miners, banks boost FTSE 100 ahead of construction activity data - Reuters
"activity" - Google News
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