FTSE 100 rebounds first time since November 11

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP
FTSE 100 surged after weekend reports suggesting that EU officials have made progress in taming region's debt crisis. The index is experiencing the first rebound since November 11. At the moment of writing FTSE 100 is 2.3% up at 5,283.48. Similar to Asia, banks and mining companies contributed positively to the index. Lloyds Banking Group PLC edged up 5.0% while shares of Antofagasta PLC increased 4.3% and Rio Tinto PLC rallied 4.4%. One of few loosers was Randgold Resources Ltd. as its equities dropped 6% after company reported expected decline in production in the 4th quarter.

 

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