U.K. Stocks Rise to Highest Since October as Greene King Surgesby
Britain’s shares rallied for a second day, closing at their highest level since Oct. 28.
Restaurant operator Greene King Plc surged 13 percent to a record after reporting a jump in quarterly earnings. Pace Plc jumped 9.3 percent after Arris Group Inc. said the U.S. Department of Justice closed a probe on its proposed purchase of the set-top box maker. GlaxoSmithKline Plc and AstraZeneca Plc advanced more than 1.5 percent, following gains in Europe’s health-care stocks.
The FTSE 100 Index climbed 0.4 percent, taking its rebound since the low in August to 8.9 percent. The FTSE All-Share Index also added 0.4 percent, and Ireland’s ISEQ Index gained 0.5 percent.
Commodity producers resumed their slump. Anglo American Plc dropped 2.2 percent to its lowest price since 1999.