U.K. stocks advanced for a third day this week, mirroring gains in European and Asian equities, as commodity producers led gains on the FTSE 100 Index.
Glencore Plc, Anglo American Plc, BHP Billiton Plc and Rio Tinto Group rallied 2.9 percent or more. Hargreaves Lansdown Plc advanced 7 percent after reporting an 18 percent increase in client assets. Ryanair Holdings Plc, Europe’s biggest discount airline, added 4.9 percent after raising its full-year profit goal because of strong summer ticket sales.
GlaxoSmithKline Plc lost 1.2 percent, one of only three stocks on the FTSE 100 members falling today, after its Breo Ellipta asthma medicine didn’t extend lives in a study.
The FTSE 100 added 1.4 percent to close at 6,229.01, heading for its best week since April. The broader FTSE All-Share Index gained 1.3 percent and Ireland’s ISEQ Index rose 1.8 percent.