Nov 23 (Reuters) - London stocks rose on Monday, extending their three-week rally, as travel and commodity stocks jumped after positive vaccine data from AstraZeneca, with hopes of a post Brexit-trade deal with European Union, also lifting the mood.
The blue-chip FTSE 100 index gained 0.3%, after drugmaker AstraZeneca Plc said its vaccine for the novel coronavirus, developed along with the University of Oxford, could be around 90% effective without any serious side effects.
Energy, mining, and aero were among the biggest gainers on the index.
The domestically focused mid-cap FTSE 250 added 0.7% with travel and leisure stocks providing the biggest boost.
U.K. markets have already jumped more than 14% this month, after Pfizer-BioNTech and Moderna’s vaccines’ showed similar responses in preventing COVID-19 based on interim data from a late-stage trial, raising hopes of a sooner-than expected recovery from the pandemic-driven recession.
Adding to the mood, British health minister said U.K. aims to rollout a COVID-19 vaccine before Christmas, with life getting back to normal after Easter.
Reprinted from Reuters. The copyright is reserved by the original author.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن