U.K. shares gain as banks outweigh commodity producers' losses

Source: Bloomberg
© Scanpix/Agence France-Presse
U.K. shares gained for the first day out of last three as advances in bank stocks outperformed declines in commodity producers. The FTSE 100 Index added 0.4% to 6,616.3 as of 8:38 a.m. London timer; however, the equity-benchmark has fallen 3.7% since approaching the highest level in 14 years on February 24. The FTSE All-Share Index rose 0.4%, while Ireland's ISEQ Index increased 0.5%.
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