London Markets: FTSE 100 reaches post-COVID high after four-day break
U.K. blue-chip stocks on Wednesday caught up with their global counterparts after a four-day break, with the leading index rising to its highest level in 22 months.
The FTSE 100 UKX, +0.77% rose 0.8% in midday action, its best level since Feb. 2020, the month before the U.K. entered its first lockdown. Spirax-Sarco Engineering SPX, +4.20% was the best performing large-cap stock, rising 4%. Silver miner Fresnillo FRES, -2.08% slipped 2%.