London’s FTSE 250 was up 1.4% at 18,747.05 in afternoon trade on Tuesday.
Bank of Georgia and Man Group were the top risers as sentiment towards the financial sector recovered.
Oanda market analyst Craig Erlam said “markets are clearly comforted by the measures that have been put in place to prevent a full-blown banking crisis”.
“If this can be followed by a few days of calm with no other banks emerging as being at risk of collapse without major intervention, stock markets could continue to recover.”
Gold miner Centamin was the worst performer on the index as gold prices fell back.
FTSE 250 – Risers
Bank of Georgia Group (BGEO) 2,585.00p 5.94%
Man Group (EMG) 239.00p 5.94%
Intermediate Capital Group (ICP) 1,235.50p 5.92%
Bridgepoint Group (Reg S) (BPT) 206.60p 5.84%
Syncona Limited NPV (SYNC) 145.00p 5.53%
4Imprint Group (FOUR) 4,935.00p 5.34%
ASOS (ASC) 760.00p 5.26%
Carnival (CCL) 663.00p 5.20%
Molten Ventures (GROW) 306.80p 5.00%
ICG Enterprise Trust (ICGT) 1,026.00p 4.69%
FTSE 250 – Fallers
Centamin (DI) (CEY) 99.76p -5.13%
Baltic Classifieds Group (BCG) 148.40p -4.63%
Wood Group (John) (WG.) 197.20p -3.10%
Marshalls (MSLH) 305.60p -2.43%
Essentra (ESNT) 179.00p -1.97%
Urban Logistics Reit (SHED) 125.50p -1.95%
Aston Martin Lagonda Global Holdings (AML) 227.10p -1.73%
Direct Line Insurance Group (DLG) 148.75p -1.59%
Safestore Holdings (SAFE) 944.00p -1.56%
UK Commercial Property Reit Limited (UKCM) 51.20p -1.35%
