London’s FTSE 100 was up 1.2% at 7,282.67in afternoon trade on Tuesday.
JD Sports was the standout gainer on the index after Nike’s second-quarter earnings and sales beat expectations overnight.
Housebuilders Taylor Wimpey, Barratt, Persimmon and Berkeley all rose after data from HMRC showed house sales rebounded in November.
Asset manager Schroders was in the black after it agreed to buy a 75% stake in specialist investment manager Greencoat Capital Holdings for an initial £358.0m.
FTSE 100 – Risers
JD Sports Fashion (JD.) 208.20p 4.52%
Informa (INF) 493.50p 3.81%
Taylor Wimpey (TW.) 170.05p 3.69%
Barratt Developments (BDEV) 728.60p 3.64%
Associated British Foods (ABF) 1,975.50p 3.32%
Persimmon (PSN) 2,778.00p 3.12%
Berkeley Group Holdings (The) (BKG) 4,781.00p 3.02%
Melrose Industries (MRO) 149.15p 3.00%
Schroders (SDR) 3,468.00p 2.76%
Abrdn (ABDN) 232.60p 2.65%
FTSE 100 – Fallers
Ocado Group (OCDO) 1,649.00p -1.96%
Unilever (ULVR) 3,927.00p -1.37%
Dechra Pharmaceuticals (DPH) 5,035.00p -1.08%
Pearson (PSON) 588.20p -0.91%
Auto Trader Group (AUTO) 714.40p -0.78%
Reckitt Benckiser Group (RKT) 6,244.00p -0.30%
Sainsbury (J) (SBRY) 271.90p -0.29%
Sage Group (SGE) 821.20p -0.24%
Polymetal International (POLY) 1,282.50p -0.08%
Bunzl (BNZL) 2,862.00p -0.03%
