FTSE tracks global recovery; Hargreaves gains
- Country:
- United Kingdom
London's main index recovered for the second session running on Thursday as global markets were boosted by a round of Chinese data that soothed some of the growth fears, which had afflicted trading in the past week. Fund supermarket Hargreaves Lansdown, whose shares took a beating in June as nearly a quarter of its clients were exposed to Neil Woodford's suspended fund, advanced nearly 4% after a forecast-beating rise in full-year assets.
The FTSE 100, which has fallen almost 5% since President Donald Trump said he would slap tariffs on more Chinese imports last week, climbed 0.3% by 0715 GMT. The more domestically-focused midcap index rose 0.6%.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Chinese
- London
- Hargreaves Lansdown
- Donald Trump
- clients
- FTSE
- Neil Woodford
ALSO READ
London stocks fall 1% as geopolitical tensions and economic data loom
London stocks fall 1% as geopolitical tensions and economic data loom
London stocks log weekly declines on geopolitical, rate uncertainty
London stocks start week with caution as key economic data looms
Doping-Poistogova-Guliyev set to lose London Olympics silver after Russia ban