After closing
flat on Tuesday, UK's benchmark FTSE 100 experienced a slight increase on
Wednesday. Index gained 0.2% reaching 5,583.33 led by financials and miners. Lloyds
Banking Group PLC ascended 2.4% whereas Barclays PLC added 1.3%. Resource
company Randgold Res Ltd jumped 2.76%. However, in late afternoon FTSE 100 retreated
after Germany rejected merging current and durable rescue funds as well as conveyed
pessimism regarding the results of EU summit. Index lost 0.3% to 5,551.78 on
news from Germany.