21 May 2024

London stocks join global rally on recovery hopes; eyes on Brexit

Daily News
| The European |

London-listed shares followed global markets on Wednesday as optimism around working vaccines raised hopes of an economic recovery, while investors also held out for a Brexit trade deal. The blue-chip FTSE 100 index was up 0.4% by 0804 GMT, led by energy, healthcare and mining stocks;The domestically focused FTSE 250 index gained 0.3%. 
In company news, fashion retailer Superdry jumped 3.8% as it said interim Chief Executive Officer Julian Dunkerton would take the top job on a permanent basis and appointed industry veteran Silvana Bonello as its chief operating officer. 

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