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Aug. 26, 2014, 12:02 p.m. EDT

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

WPP rises after earnings

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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
UK : FTSE UK
6,630.52
-20.36 -0.31%
Volume: 997,627
March 5, 2021 4:59p
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/zigman2/quotes/210599654/delayed
XX : STOXX
408.68
-3.23 -0.78%
Volume: 0.00
March 5, 2021 11:03p
loading...
/zigman2/quotes/202300097/delayed
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
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/zigman2/quotes/201880362/delayed
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
loading...
/zigman2/quotes/208409333/delayed
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
loading...
/zigman2/quotes/206581728/composite
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
loading...
/zigman2/quotes/203901799/delayed
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
loading...
/zigman2/quotes/208272822/composite
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
$333,047
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/zigman2/quotes/202687335/delayed
HK : Hong Kong
HK$ 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
loading...
/zigman2/quotes/200173667/delayed
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
loading...
/zigman2/quotes/202340229/delayed
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
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Sara Sjolin is a MarketWatch reporter based in London. Follow her on Twitter @sarasjolin.

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