U.K. stocks climbed, led by mining companies as base metals climbed in London. Antofagasta Plc and Xstrata Plc paced the advance. Cairn Energy Plc and BG Group Plc rose as oil prices rebounded from a 19-month low. Amvescap Plc climbed after Citigroup Inc. raised its price estimate for the company’s shares. The benchmark FTSE 100 Index rallied 29.10, or 0.5 percent, to 6233.60 in London at 9:13...
European energy and mining stocks, the region’s worst performers this quarter, rebounded as oil rose for a second day and copper gained for the first time in four days. BP Plc, Europe’s second-biggest oil producer by market value, and BHP Billiton, the world’s largest mining company, paced gains. “We are very positive on energy stocks,” said Mariano Sancho, the head of...
U.K. stocks rose, led by BP Plc. Rio Tinto Group and BHP Billiton led a rally among mining companies. The FTSE 100 Index added 73, or 1.3 percent, to 5635.90 at 8:42 a.m. in London, trimming its weekly loss to 2.2 percent. The FTSE All-Share Index increased 40.54, or 1.4 percent, to 2865.78. Ireland’s ISEQ Overall Index climbed 1.3 percent to 7282.55, cutting its loss so far this week to 4.8...