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* FTSE 100 up 0.9%, FTSE 250 rises 1.2%
May 11 (Reuters) - London-listed stocks rose on Monday as
investors pinned their hopes on a revival in business activity,
with Prime Minister Boris Johnson outlining plans to gradually
ease some coronavirus-induced lockdown measures.
While Johnson said on Sunday the lockdown will not end yet,
he announced a limited easing of restrictions, including
allowing people to exercise outside more often and encouraging
some people to return to work. The FTSE 100 .FTSE climbed 0.9% and the mid-cap FTSE 250
.FTMC added 1.2%, as traders returning from a long weekend
also caught up with strong gains in Europe on Friday, driven by
an easing in U.S.-China tensions.
On a slow company news day, early gains were driven by
battered life insurers .FTNMX8570 , banks .FTNMX8350 and
miners .FTNMX1770 .
EazyJet Plc EZJ.L , however, tumbled 4.2% to the bottom of
the FTSE 100 as Johnson said the UK would soon need to
quarantine people coming into the country by air to prevent a
second wave of coronavirus infections.