U.K. Stocks End the Day Up After Zigzagging; Royal Mail Rallies

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U.K. stocks rallied in the last 15 minutes of trading after swinging between gains and losses throughout the day.

The FTSE 100 Index added 0.2 percent to 6,960.63 at the close in London, shoring up a 2.6 percent monthly gain for the benchmark. The FTSE All-Share Index added 0.2 percent, while Ireland’s ISEQ Index fell 0.6 percent.

Royal Mail Plc led gains, jumping 5.3 percent, after peers’ talks to fund a rival postal delivery service ended.

Anglo American Plc, Glencore Plc and Rio Tinto Group fell 1 percent or more. Royal Bank of Scotland Group Plc dropped 3.2 percent after reporting a larger-than-expected quarterly loss as the bank set aside more money for currency-manipulation probes. IAG SA lost 2.5 percent after saying the rate of profit improvement will slow and fuel prices will rise in the second quarter.

Arria Nlg Plc tumbled 73 percent after saying the loss of a contract with Royal Dutch Shell Plc will cause full-year revenue to be significantly below estimates. Arria develops software that communicates data in human-like language.

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