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FTSE 100 tracks Asia gains as miners rally

Published 08/17/2020, 03:16 PM
Updated 08/17/2020, 03:20 PM
© Reuters.
UK100
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RIO
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AAL
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BHPB
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FTMC
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FTNMX405010
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CWK
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* FTSE 100 up 0.1%, FTSE 250 off 0.3%

Aug 17 (Reuters) - London's FTSE 100 rose for the first time
in three sessions on Monday as higher commodity prices powered
mining stocks, while investors looked to a slate of
macroeconomic data later in the week to gauge the pace of a
post-pandemic rebound.
The commodity-heavy FTSE 100 .FTSE was up 0.1%, with
miners Rio Tinto Plc RIO.L , BHP Group Plc BHPB.L and Anglo
American Plc AAL.L adding between 1.2% and 1.8%. MET/L
Asian shares crept closer to their pre-pandemic highs as
more liquidity from China's central bank helped investors brush
past a delay in a weekend meeting of U.S.-China trade
negotiators to review their Phase-1 trade pact. MKTS/GLOB
The mid-cap FTSE 250 .FTMC , however, was down 0.3%,
pressured by another drop for travel and leisure stocks
.FTNMX5750 , days after Britain expanded its quarantine list to
include France and other countries.
Meat processor Cranswick Plc CWK.L jumped 4.9% after a 25%
surge in first-quarter revenue.

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