FTSE Plays Catch Up Following Bank Holiday; Climbs on Draghi Easing Signal

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The FTSE 100 Index (UKX) Tuesday added 33.50 points, or 0.5%, to 6,808.9, playing catch up following the rally seen in Europe Monday. European stocks jumped to their highest level this month on Monday after European Central Bank President Mario Draghi signaled policy makers are ready to add stimulus. U.K. markets were closed for a national bank holiday.

WPP advanced 1.9% to 1,250 pence. The world's largest advertising agency said revenue rose 2.7% to 5.47 billion pounds. That beat analysts' estimate for sales of 5.13 billion pounds. RSA climbed 1.5 percent to 443.9 pence. Bank of America raised its rating to buy from neutral, saying the insurer has cleaned up its balance sheet and improved disclosures and management.




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