British Stocks Close Higher, FTSE 100 Index Lifts

JABAR EKSPRES – British stocks ended higher on Wednesday (June 28) local time, posting gains for the second consecutive session, with the benchmark FTSE 100 index on the London Stock Exchange gaining 0.52 percent or 39.03 points to settle at 7,500.49 points.

The FTSE 100 index added 0.11 percent or 7.88 points to 7,461.46 points on Tuesday (June 27), after shedding 0.11 percent or 8.29 points to 7,453.58 points on Monday (June 26), and trimmed 0.54 percent or 40.16 points to 7,461.87 points on Friday (June 23).

Sage Group PLC, commonly known as Sage, a British multinational software company based in Newcastle soared 5.11 percent, becoming the top gainer of the blue chips.

Followed by shares of private equity investment company focused on providing capital to help companies grow through private and public markets Intermediate Capital Group PLC lifted 3.99 percent; and investment trust company that invests globally Scottish Mortgage Investment Trust PLC added 3.88 percent.

Meanwhile, Evraz PLC, a British multinational steel manufacturing and mining company partly owned by Russian oligarchs, posted the biggest loss (top loser) among the leading stocks, with its share price tumbling 12.59 percent.

Followed by shares of software company offering a robotics platform that provides an end-to-end solution for online grocery trading Ocado Group PLC, down 5.02 percent; and financial services company offering car insurance products Admiral Group PLC lost 3.32 percent.

Read more: French Stocks End Positive, CAC 40 Index Rises

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