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European stocks rise ahead of ECB meeting, tech stocks jump
Published at 21/01/2021 at 09:49 -
London stocks rise on swift economic recovery, U.S. stimulus optimism
Published at 21/01/2021 at 08:19 -
European shares extend gains on U.S. stimulus hope
Published at 21/01/2021 at 08:19 -
UK Stocks-Factors to watch on Jan 21
Published at 21/01/2021 at 07:54 -
UK Stocks-Factors to watch on Jan 21
Published at 21/01/2021 at 06:29 -
Wall St bounce, upbeat earnings lift European stocks
Published at 20/01/2021 at 17:24 -
Miners lead FTSE 100 higher on earnings cheer
Published at 20/01/2021 at 17:06 -
Luxury stocks, ASML lift European shares in early trading
Published at 20/01/2021 at 08:32 -
UK stocks edge higher as miners, Burberry shine
Published at 20/01/2021 at 08:18 -
UK Stocks-Factors to watch on Jan 20
Published at 20/01/2021 at 07:52
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FOREX-Euro gains before ECB meeting; Biden stimulus weighs on dollar
Published at 21/01/2021 at 09:23 -
FOREX-Dollar on back foot as Biden optimism bolsters riskier currencies
Published at 21/01/2021 at 06:09 -
FOREX-Dollar on back foot as Biden optimism bolsters riskier currencies
Published at 21/01/2021 at 01:47 -
FOREX-Dollar slides vs most currencies on optimism about Biden administration
Published at 20/01/2021 at 20:15 -
FOREX-Dollar rises as growth worries weigh on euro
Published at 20/01/2021 at 15:34 -
FOREX-Euro sinks amid broader risk rally against dollar
Published at 20/01/2021 at 12:05 -
FX trading volumes jump 10% in December from year earlier - CLS
Published at 20/01/2021 at 10:29 -
FOREX-Dollar sinks for 3rd straight session as risk sentiment rises
Published at 20/01/2021 at 09:07 -
FOREX-Dollar squeezed anew as stimulus hopes brighten mood
Published at 20/01/2021 at 05:47 -
FOREX-Dollar slips as U.S. stimulus hopes lift mood
Published at 20/01/2021 at 00:46
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Oil dips after surprise rise in U.S. crude stocks; focus on Biden, stimulus
Published at 21/01/2021 at 07:46 -
PRECIOUS-Gold hits 2-week high as U.S. stimulus hopes pressure dollar
Published at 21/01/2021 at 07:24 -
Oil slips on surprise rise in U.S. crude stocks
Published at 21/01/2021 at 02:20 -
PRECIOUS-Gold off 2-week high as investors book profits
Published at 21/01/2021 at 01:43 -
Oil rises on U.S. stimulus hopes, tighter market under Biden
Published at 20/01/2021 at 22:41 -
PRECIOUS-Gold gains over 1% as focus turns to Biden administration
Published at 20/01/2021 at 19:16 -
PRECIOUS-Gold rises as dollar dips on Yellen's call for bold stimulus action
Published at 20/01/2021 at 12:53 -
PRECIOUS-Gold gains as dollar weakens on U.S. stimulus outlook
Published at 20/01/2021 at 07:35 -
Oil extends gains on hopes of U.S. stimulus and crude stocks drawdown
Published at 20/01/2021 at 02:17 -
PRECIOUS-Gold rises as U.S. dollar weakens on Yellen's stimulus view
Published at 20/01/2021 at 01:02
UPDATE 2-London stocks end at multi-month highs on vaccine optimism, commodity gains
* Travel stocks jump on ease in quarantine period
* Commodity stocks boosted by strong oil, metal prices
* AO World slumps on anticipation of Brexit disruptions
(Updates to close)
By Devik Jain and Ambar Warrick
Nov 24 (Reuters) - Heavyweight commodity stocks pushed London's blue-chip index to a more than five-month closing high on Tuesday, while the midcap index ended at a near nine-month peak as optimism over a coronavirus vaccine increased hopes for a swift economic recovery.
The commodity-heavy FTSE 100 index ended 1.6% higher, with energy and mining heavyweights BP and Rio Tinto supporting the index on the back of strong oil and base metal prices.
The domestically focused mid-cap FTSE 250 index added 1.1%, ending at its highest level since early-March with industrial stocks serving as the biggest boost.
Both indexes surged in late trade, tracking gains on Wall Street after the formal go-ahead for President-elect Joe Biden's transition to the White House ended weeks of political uncertainty in Washington.
Travel stocks rallied after England said it would introduce a new COVID-19 "test-and-release" scheme on Dec. 15 to reduce quarantine periods for incoming passengers from high-risk countries.
"Investors are still thinking long-term post-vaccine at the moment and are looking into various sectors that have been haemorrhaged in the last eight months," said Connor Campbell, financial analyst at Spreadex.
A sharp rally in cyclicals such as energy and bank stocks on vaccine-related cheer and hopes of a speedy economic recovery have helped the FTSE 100 index gain more than 14% this month, setting it on track for its best month on record.
Among individual movers, Catering firm Compass Group Plc
rose 2.5% even as it reported a 75.5% slump in annual pretax profit.
Online electricals retailer AO World sank nearly 10% after it said it doubled its warehouse capacity to cope with any possible supply disruptions caused by Brexit.
(Reporting by Devik Jain in Bengaluru; Editing by Uttaresh.V and Alex Richardson)
((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2062; ;))
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