finance

UK stocks cheer Brexit trade deal after long weekend



© Reuters. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London

(Reuters) – UK shares rallied on Tuesday as investors returned from a long weekend to cheer a post-Brexit trade deal that averted a chaotic finale to the tortuous divorce.

The blue-chip gained 1.5% in early trading and was on course for its biggest percentage gain in four weeks, while the domestically focussed climbed 0.8% to hit its highest level since Feb. 25.

With UK markets closed on Friday and Monday for Christmas and Boxing Day respectively, investors took heart from the confirmation last week of a Brexit trade deal.

AstraZeneca rose 4.3% to give the biggest boost to the FTSE 100, while shares in other international firms such as Unilever (LON:) and Diageo (LON:) gained despite a firming pound. [GBP/]

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.  Learn more