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FTSE 100 recovers some of Friday's losses



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FTSE 100 Index

Last Updated at 07 Feb 2018, 11:16 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7189.43 +
+48.03
+
+0.67

Top winner and loser

Scottish Mortgage Inv Trust

447.00 p +
+24.80
+
+5.87

Smurfit Kappa Group

2384.00 p -
-66.00
-
-2.69
value change %

FTSE 250 Index

19509.38 +
+246.82
+
+1.28

FTSE 350 Index

4004.24 +
+30.84
+
+0.78

FTSE All Share Index

3955.88 +
+30.93
+
+0.79

FTSE Techmark Index

4297.47 +
+48.73
+
+1.15
Trader in London Image copyright Getty Images

(Close): London's leading share index recovered some of Friday's heavy fall, with mining stocks leading the way.

The FTSE 100 closed up 57.5 points, or 0.82%, at 7,052.13, helped by Anglo America's 2.72% rise, and Rio Tinto and BHP Billiton adding 2.61% and 2.46% respectively.

China's stimulus plan buoyed stocks, offsetting fears about Greece, which led to Friday's 1.3% FTSE 100 fall.

Ashtead, up 2.88%, was the index's big gainer after Barclays tipped the stock.

Another big mover was InterContinental Hotels, 2.35% higher on speculative chatter about a merger deal.

Outside the 100 top companies, oilfield services provider Petrofac extended recent losses to finish down 10%.

Petrofac said it would incur an additional £130m loss this year on its Laggan-Tormore gas plant project in the Shetland Islands.

On the currency markets, the pound was down 0.33% against the dollar at $1.4914, but was up 0.12% against the euro at €1.38571.