British Stocks Rise for 2nd Day as Miners Trade at 3-Week Highsby
U.K. shares rose for a second day, continuing their recovery following a two-week slide.
The FTSE 100 Index added 0.2 percent at 9:27 a.m. in London, after jumping the most in two weeks on Monday. BHP Billiton Ltd., up 2 percent, is heading for its biggest two-day gain since early August. Rio Tinto Group advanced 1.4 percent. Johnson Matthey Plc climbed 2.4 percent for the biggest gain in the FTSE 100 as platinum increased. EasyJet Plc and British Airways parent IAG SA fell more than 1.7 percent.
The FTSE 250 Index of mid-caps shares was little changed, while the FTSE Small Cap index excluding investment trusts climbed for a fourth day, its longest streak in more than a month. The regional Stoxx Europe 600 Index was little changed.