U.K. Stocks Advance Amid Greek Optimism as Aveva Jumps on Deal
This article is for subscribers only.
U.K. stocks rose, following a two-week rally, as concern over Greece’s debt crisis faded.
Aveva Group Plc surged 27 percent after Schneider Electric SE agreed to take control of the British software developer. HSBC Holdings Plc rose 1.1 percent after Citigroup Inc. recommended buying the shares. Randgold Resources Ltd. and Fresnillo Plc slid more than 4.4 percent as gold led a rout in commodities.