UPDATE 1-Britain's FTSE rebounds 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
UPDATE 1-Britain's FTSE rebounds as commodities stocks recover | Reuters Reuters Staff 3 Min Read * FTSE 100 up 1.2 pct at close * Fortnight of market stress wiped 147 bln off FTSE 100 * BAML upgrade pushes Victrex up * Acacia Mining sinks 8 pct after scrapping dividend (Updates prices at close) By Helen Reid LONDON, Feb 12 (Reuters) - British shares rebounded 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 1.2 percent at 7,177.06 points at its close, regaining 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 gave the index its biggest boost as the cyclical stocks that had suffered the worst losses last week led the gains. Oil majors Royal Dutch Shell and BP both rose around 2 pe
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