London’s FTSE 100 was up 0.8% at 7,274.38 in afternoon trade on Tuesday as investors grabbed some bargains after Monday’s heavy losses.
GKN owner Melrose Industries was the top gainer on the index, closely followed by industrial software business Aveva.
Housebuilders Barratt Developments and Persimmon also gained.
On the downside, telecommunications and mobile money services company Airtel Africa was the worst performer on the index, while cyber security firm Avast also lost ground.
Market Movers
FTSE 100 (UKX) 7,300.92 1.17%
FTSE 250 (MCX) 19,559.78 1.31%
techMARK (TASX) 4,262.63 1.13%
FTSE 100 – Risers
Melrose Industries (MRO) 114.00p 5.95%
Aveva Group (AVV) 2,195.00p 5.68%
Barratt Developments (BDEV) 479.30p 4.40%
Flutter Entertainment (CDI) (FLTR) 8,322.00p 4.08%
Scottish Mortgage Inv Trust (SMT) 806.40p 3.78%
Persimmon (PSN) 2,098.00p 3.25%
Standard Chartered (STAN) 564.20p 3.14%
Phoenix Group Holdings (PHNX) 588.40p 3.01%
Antofagasta (ANTO) 1,403.00p 3.01%
Smurfit Kappa Group (CDI) (SKG) 3,320.00p 3.01%
FTSE 100 – Fallers
Airtel Africa (AAF) 135.50p -5.97%
Avast (AVST) 502.80p -1.30%
Fresnillo (FRES) 762.40p -0.70%
Whitbread (WTB) 2,550.00p -0.43%
BAE Systems (BA.) 743.40p -0.11%
Informa (INF) 543.40p -0.04%
Bunzl (BNZL) 2,989.00p -0.03%
Meggitt (MGGT) 778.20p 0.03%
International Consolidated Airlines Group SA (CDI) (IAG) 127.50p 0.05%
Smith & Nephew (SN.) 1,252.00p 0.08%
