Aero, mining stocks lead FTSE 100 higher; Equiniti Group shines

© 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.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

READ  Coronavirus insider trading cases against Burr, Loeffler and others differ drastically



Please enter your comment!
Please enter your name here