FTSE 100 plays catch-up with Europe, climbs 0.7%

By Sara Sjolin, MarketWatch

Reuters

LONDON (MarketWatch) — U.K. stocks climbed on Tuesday, catching up with a rally in other European markets on Monday, when London was closed for a bank holiday.

The FTSE 100 index /zigman2/quotes/210598409/delayed UK:UKX -0.31%  rose 0.7% to end at 6,822.76, marking the highest closing level since July 7.

The gain came after the rest of European stock markets posted solid gains on Monday, spurred by European Central Bank President Mario Draghi’s unexpected hint at Jackson Hole, Wyo., on Friday that full-on quantitative easing could be on the way for the region. The Stoxx Europe 600 index /zigman2/quotes/210599654/delayed XX:SXXP -0.78%  scored the biggest rally in a week after the comments and continued to push higher on Tuesday.

Among major movers in London, shares of WPP PLC /zigman2/quotes/202300097/delayed UK:WPP -0.20%  picked up 1.4% after the advertising giant reported a rise in first-half profit as revenue improved.

Shares of Bunzl PLC /zigman2/quotes/201880362/delayed UK:BNZL -2.16%  climbed 0.6% after the distributor of cleaning products and outsourcing company posted a rise in first-half pretax profit.

Banks were also among advancers, with shares of Barclays PLC /zigman2/quotes/208409333/delayed UK:BARC +2.95%   /zigman2/quotes/206581728/composite BCS +3.69%  up 1.1%, HSBC Holdings PLC /zigman2/quotes/203901799/delayed UK:HSBA +2.60%   /zigman2/quotes/208272822/composite HSBC +3.20%   /zigman2/quotes/202687335/delayed HK:5 -0.97%  rising 0.7%, and Royal Bank of Scotland Group PLC   2.1% higher.

Bucking the positive trend, Antofagasta PLC /zigman2/quotes/200173667/delayed UK:ANTO -0.03%  slumped 1.2% after the miner said earnings fell in the first half of the year, due to lower copper output and weaker prices.

Petrofac Ltd. /zigman2/quotes/202340229/delayed UK:PFC +4.23%  gave up 0.3%. The oil-services company reported a drop in first-half profit, but said it remains on course to achieve full year targets.

/zigman2/quotes/210598409/delayed

Add to watchlist UK:UKX

FTSE 100 Index

UK : FTSE UK

6,630.52

-20.36 -0.31%

Volume: 997,627

March 5, 2021 4:59p

/zigman2/quotes/210599654/delayed

Add to watchlist XX:SXXP

STOXX Europe 600 Index

XX : STOXX

408.68

-3.23 -0.78%

Volume: 0.00

March 5, 2021 11:03p

/zigman2/quotes/202300097/delayed

Add to watchlist UK:WPP

WPP PLC

UK : U.K.: London

888.20 p

-1.80 -0.20%

Volume: 2.64M

March 5, 2021 4:35p

P/E Ratio

N/A

Dividend Yield

1.13%

Market Cap

£10.19 billion

Rev. per Employee

£123,931

/zigman2/quotes/201880362/delayed

Add to watchlist UK:BNZL

Bunzl PLC

UK : U.K.: London

2,178.00 p

-48.00 -2.16%

Volume: 629,548

March 5, 2021 4:35p

P/E Ratio

17.01

Dividend Yield

2.37%

Market Cap

£7.43 billion

Rev. per Employee

N/A

/zigman2/quotes/208409333/delayed

Add to watchlist UK:BARC

Barclays PLC

UK : U.K.: London

171.58 p

+4.92 +2.95%

Volume: 90.09M

March 5, 2021 4:35p

P/E Ratio

N/A

Dividend Yield

0.58%

Market Cap

£28.91 billion

Rev. per Employee

£332,602

/zigman2/quotes/206581728/composite

Add to watchlist BCS

Barclays PLC ADR

US : U.S.: NYSE

$ 9.55

+0.34 +3.69%

Volume: 147.61M

March 5, 2021 4:00p

P/E Ratio

N/A

Dividend Yield

0.57%

Market Cap

$40.44 billion

Rev. per Employee

$426,514

/zigman2/quotes/203901799/delayed

Add to watchlist UK:HSBA

HSBC Holdings PLC (UK Reg)

UK : U.K.: London

437.60 p

+11.10 +2.60%

Volume: 26.42M

March 5, 2021 4:35p

P/E Ratio

29.19

Dividend Yield

2.48%

Market Cap

£86.87 billion

Rev. per Employee

£257,711

/zigman2/quotes/208272822/composite

Add to watchlist HSBC

HSBC Holdings PLC ADR

US : U.S.: NYSE

$ 30.64

+0.95 +3.20%

Volume: 2.56M

March 5, 2021 4:00p

P/E Ratio

31.52

Dividend Yield

2.43%

Market Cap

$121.54 billion

Rev. per Employee

$333,047

/zigman2/quotes/202687335/delayed

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HSBC Holdings PLC (HK Reg)

HK : Hong Kong

HK$ 46.10

-0.45 -0.97%

Volume: 21.43M

March 5, 2021 4:08p

P/E Ratio

30.80

Dividend Yield

2.53%

Market Cap

HK$943.04 billion

Rev. per Employee

HK$2.56M

/zigman2/quotes/200173667/delayed

Add to watchlist UK:ANTO

Antofagasta PLC

UK : U.K.: London

1,726.00 p

-0.50 -0.03%

Volume: 2.12M

March 5, 2021 4:35p

P/E Ratio

64.09

Dividend Yield

0.56%

Market Cap

£17.02 billion

Rev. per Employee

£154,897

/zigman2/quotes/202340229/delayed

Add to watchlist UK:PFC

Petrofac Ltd.

UK : U.K.: London

136.80 p

+5.55 +4.23%

Volume: 5.47M

March 5, 2021 4:35p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

£440.81 million

Rev. per Employee

£376,934