(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 up 0.7%, FTSE 250 adds 0.2%
Jan 19 (Reuters) - British shares rose on Tuesday, as a jump
in HSBC's shares and encouraging production report from miner
Rio Tinto lifted sentiment at a time when tighter
coronavirus-led restrictions have raised concerns about the pace
of an economic recovery.
The blue-chip FTSE 100 index .FTSE was up 0.7% after two
consecutive sessions of declines, while the mid-cap index
.FTMC gained 0.2%.
HSBC Holdings HSBA.L rose 3%, giving the biggest boost to
the blue-chip index.
Miner Rio Tinto RIO.L rose 1.4 after reporting a 2.4% rise
in fourth-quarter iron ore shipments, helped by increased demand
from China. British firms called for another 7.6 billion pounds ($10.3
billion) of emergency government help, saying they cannot wait
until finance minister Rishi Sunak's March budget to learn if
they will get more pandemic support. Shares of Experian Plc EXPN.L , the world's largest credit
data firm, gained 1.2% after its third-quarter revenue growth
exceeded targets, helped by strong U.S. mortgage volumes.
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FTSE 100 rises as HSBC, Rio Tinto jump
Published 01/19/2021, 04:33 PM
Updated 01/19/2021, 04:40 PM
FTSE 100 rises as HSBC, Rio Tinto jump
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