Small Caps Rally as U.K. Investors Anticipate More BOE Stimulus
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U.K. small-cap companies are outperforming, as investors anticipate additional stimulus from the Bank of England.
The FTSE SmallCap Index -- currently made up of companies with market capitalization of less than 392.1 million pounds ($623 million) -- has risen 10 percent so far this year, compared with a 5.7 percent gain for the FTSE 100 Index, which represents about 80 percent of the U.K. equity market.