© Reuters. FILE PHOTO: A woman walks past the London Stock Exchange building in the City of London, Britain, January 16 , 2017. REUTERS/Toby Melville
(Reuters) – London’s edged higher on Thursday, led by gains in aero and base metal mining stocks, while Equiniti Group jumped after agreeing to a take private deal.
The blue-chip index rose 0.1% with miners adding more than 1% on higher metal prices. [MET/L]
Aero and defence stocks rose 1.3% with Rolls-Royce (LON:) among the biggest gainers.
Aveva Group (LON:) jumped 2.2% after Barclays (LON:) upgraded the stock to “overweight” from “neutral”.
However, gains on the index were limited by oil majors BP (LON:) and Royal Dutch Shell (LON:), which slipped more than 0.5% each on lower crude prices. [O/R]
The domestically focused mid-cap advanced 0.2%.
Equiniti Group jumped 8.9% after the British administration services and payments specialist agreed to be taken over by a new company backed by private-equity firm Siris Capital in a 673 million pound ($949 million) deal.
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