Bounceback for Britain's FTSE as commodities stocks recover [Reuters]
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
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Source: Reuters
Bounceback for Britain's FTSE as commodities stocks recover | Reuters Reuters Staff 4 Min Read (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 up 1.3 pct * Fortnight of market stress wiped 147 bln off FTSE 100 * BAML upgrade pushes Victrex up * Acacia Mining sinks 8 pct after scrapping dividend By Helen Reid LONDON, Feb 12 (Reuters) - British shares bounced back strongly on Monday after a tough week thanks to a relief rally in commodities stocks. But with market volatility tipped to stay elevated, investors were divided over whether to ‘buy the dip’ The FTSE 100 was up 1.3 percent by 0930 GMT, clawing back some of last week’s losses but still near a 13-month low. Some 147 billion pounds was wiped off the leading UK stock index in the past two weeks as heady markets nosedived. Energy, materials and financials provided the biggest boost to the FTSE 100 as the cyclical stocks
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