UK shares are trading slightly higher on Wednesday on positive news from Asia. The BoJ decided to expand its asset-buying program to boost economic activity in the country. However, uncertainty over Spain's next bailout continued to weight on market sentiment. The FTSE 100 Index lost 0.11% to trade at 5,861.93. Seven out of ten sectors within the index gained. The best-performers were utilities and oil and gas companies. United Utilities Group, National Grid and Pennon Group advanced 2.33%, 0.29% and 0.07%, respectively. Among oil and gas companies, BP and Royal Dutch Shell added 0.22% and 0.02%. Sending the UK stock index lower, telecommunication firms retreated. BT Group and Vodafone Group dropped by 0.09% and 0.68%.