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You are here: Home / FTSE leaps as global markets rebound amid slide in oil prices

FTSE leaps as global markets rebound amid slide in oil prices

The FTSE 100 leapt higher on the back of a rally for global markets as the price of oil dropped back. Russian-linked stocks and financial firms were among the top performers in London as recent volatility continued. The FTSE 100 ended the day up 226.61 points, or 3.25%, at 7,190.72 points. Michael Hewson, chief market analyst at CMC Markets UK, said: "Markets in Europe have seen a sizeable rebound today, led by the Dax with decent sector gains across the board, helped by comments from the Russian foreign ministry which stated that it would be better if their goals in Ukraine were achieved through talks. "We've seen a strong rebound in the likes of Russian miners Evraz and Polymetal after they both released updates saying that they didn't consider themselves to be at risk of being affected by Russian sanctions. Recommended Ukraine news live: Children's hospital 'destroyed' by explosion Why has Russia invaded Ukraine? The conflict explained Sign The Independent's petition to help the people of Ukraine "Financials and banks have enjoyed another decent session today, on course for two strong days of gains, as the sector looks to shrug off some big declines in the past few days." German… Read full this story

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FTSE leaps as global markets rebound amid slide in oil prices have 315 words, post on www.independent.co.uk at March 9, 2022. This is cached page on NGHONG. If you want remove this page, please contact us.

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