FTSE 100 adds 2% on Burberry and Tullow Oil

UK FTSE 100 index traded substantially higher on Thursday helped by Burberry Group and Tullow Oil. Bank of England kept interest rate unchanged. Investors also awaited Fed chairman's speech. Burberry rallied 6% after Credit Suisse upgraded its share from neutral to outperform. Tullow Oil accelerated 4.2% after company said it has discovered oil in deep-water well in Côte d'Ivoire. Chemicals producer Johnson Matthey jumped 6.4% on successful earnings results. At the moment of writing FTSE 100 is 1.95% or 104.76 points higher at 5,490.21.