Markets: FTSE100 rallies on hopes of ECB stimulus

Europe’s markets bounced back yesterday as investors hoped for stimulus after the Swiss National Bank unpegged the franc from the euro. The FTSE 100 climbed 1.7% to close at 6,498.

  • FTSE 100 up 1.7% to 6,498
  • Gold up 2.77% to $1,262.73/oz
  • £/$ - 1.5183

Randgold was the day's top performer as the price of gold rose, adding 6.4%. Supermarkets were also in favour, with Morrisons and Sainsbury's each rising 5%.

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