World markets report

A renewed commitment from G20 finance ministers and central banks to provide economic stimulus gave the markets a lift yesterday, with just a handful of stocks in negative territory in the FTSE100.

A renewed commitment from G20 finance ministers and central banks to provide economic stimulus gave the markets a lift yesterday, with just a handful of stocks in negative territory in the FTSE100. The index rose 1.8% to close at 5,235, with miners were most in demand. Kazakhmys added 6% and Xstrata 5% while precious metals miners Fresnillo and Randgold Resources gained 4.3% and 4% respectively.

Life insurers were also among the day's top performers; Prudential added 5.2%, Legal & General 4.3% and Old Mutual rose 3.8%. Top performer of the day was RBS, which gained 6.3%.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.