London's main index vaulted to a one-month high on Wednesday, as Asia-expos...
An index of banks .FTNMX8350 surged 2% as a result, heading for its biggest one-day gain since January.Meanwhile, adding to investor enthusiasm was a report Hong Kong’s leader would announce the formal withdrawal of a proposed extradition bill that is at the centre of months of protests drove luxury brand Burberry 4% higher.
The main FTSE 100 bourse had suffered its worst monthly fall this year in August when markets witnessed sharp escalations in the Sino-U.S. trade tussle and an inversion of U.S. Treasury bond yields, which had raised fears of a recession. Among a handful of losers was Barratt , Britain’s biggest housebuilder, after it warned that volume would grow towards the lower end of its target range in the current year.
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