FTSE 100 index rallies on Tuesday

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Source: Dukascopy Bank
UK FTSE 100 index dropped 1% on Monday but sharply appreciated on Tuesday amid finalized EU fiscal discipline treaty and on hopes Greece is moving closer debt swap agreement. FTSE 100 climbed 0.7% lifted by energy shares amid surging oil futures. BP PLC  added 2.6% and Petrofac Ltd. gained 2.2%. ARM Holdings PLC jumped 4.4% after posting an 11% increase in 4th quarter earnings. At the moment of writing FTSE 100 is 0.71% or 40.40 points up at 5,711.47.

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