Tue, 21 Aug 2012 17:15:47 GMT
UK stocks climb after Spanish debt auction
UK equities advanced after Spanish costs of borrowing declined at debt auction on Tuesday. Meanwhile, traders are cautious ahead of series of meetings aimed at developing measures to ease debt pressure in the Eurozone. The FTSE 100 Index rose by 0.28% to trade at 5,840.55 at GMT 12:00. Seven out of nine industries jumped. On the upside were basic materials,