Arab Today, arab today british ftse 100 up 091 on wednesday
Last Updated : GMT 22:49:14
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British FTSE 100 up 0.91% on Wednesday

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Arab Today, arab today British FTSE 100 up 0.91% on Wednesday

British FTSE 100
London - XINHUA

FTSE 100 Index, British benchmark stock market gauge, Wednesday increased by 0.91 percent, or 58.49 points, to 6,490.70 points.

The London stock index rebounded Wednesday after a three-day drop. But real estate sector fell as British Chancellor's decision to tighten "non-dom" tax rules and abolish the status which gives tax advantages to people officially domiciled abroad and has caused controversy for years.

Besides, Barclays rose as it announced the departure of Antony Jenkins as Chief Executive. The bank said Jenkins would be temporarily replaced by its chairman, John McFarlane. The search for Jenkins' successor was underway.

Aviva' share price increased by 3.50 percent, topped the gainers of the blue chips. BAE Systems, Glencore, Royal Dutch Shell 'B' and Hikma Pharmaceuticals increased by 3.46 percent, 3.17 percent, 2.90 percent and 2.87 percent respectively.

Barratt Developments led the top losers of the blue chips with a share price drop of 5.71 percent, followed by Taylor Wimpey (5.01 percent), Persimmon (4.67 percent), Marks & Spencer Group (2.52 percent) and Lloyds Banking Group (1.99 percent).

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