FTSE 100 index rallies on Greek vote - News - Dukascopy Bank

Mon, 13 Feb 2012 14:21:54 GMT
Source: Dukascopy Bank
 
© Scanpix/Reuters
After a sharp decline on Friday, British FTSE 100 index rebounded on Monday, climbing 1%, helped by financial and resource shares as investors digested news about parliamentary approval of Greece austerity plan. HSBC Holdings PLC added 1.3% and Barclays PLC gained 2%. Among resource shares Antofagasta PLC jumped 3.7%, while Rio Tinto PLC advanced 2.6%. Drug markers also contributed to the index with GlaxoSmithKline PLC surging 1.3%. At the moment of writing FTSE 100 index is 1.0% or 58.73 points up at 5,911.12.


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