UK shares rose on improved market sentiment

Note: This section contains information in English only.
Source: Dukascopy Bank SA
UK halted two-day decline on Tuesday after positive data from Germany. German GDP expanded more than expected in the second quarter. Moreover, speculation that some of the BoJ policymakers are ready to provide additional monetary stimulus for Japanese economy improved market sentiment. FTSE 100 Index added 0.39% to trade at 5,856.15 at GMT 12:00. Eight out of ten industries included in the index surged. The top-gainers were utilities and consumer services. Centrica, SSE and Carnival climbed by 0.81%, 0.45% and 0.37%, respectively. Standard Life was the second best performer, advancing by 6.23% after reporting that H1 profit jumped by 15%. Standard Chartered rose by 1.20% as the company attempts to reach a settlement with US authorities regarding possible violation of US money-laundering law. On the downside were industrials and basic materials. Rio Tinto and BHP Billiton dropped 0.47% and 0.15%.

 

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