Investing.com – U.K. stocks were higher after the close on Wednesday, as gains in the Mobile Telecommunications, Oil & Gas Producers and Industrial Metals & Mining sectors led shares higher.
At the close in London, the FTSE 100 rose 1.63% to hit a new 1-month high.
The best performers of the session on the FTSE 100 were Pearson (LONDON:PSON), which rose 4.85% or 60.00 points to trade at 1296.00 at the close. Meanwhile, BG Group (LONDON:BG) added 4.31% or 36.60 points to end at 885.90 and Tullow Oil Plc (LONDON:TLW) was up 3.92% or 14.50 points to 384.50 in late trade.
The worst performers of the session were Sports Direct Intl Plc (LONDON:SPD), which fell 5.79% or 44.00 points to trade at 716.50 at the close. Intertek Group (LONDON:ITRK) declined 3.69% or 88.00 points to end at 2297.00 and Associated British Foods (LONDON:ABF) was down 1.71% or 52.00 points to 2998.00.
Rising stocks outnumbered declining ones on the London Stock Exchange by 1311 to 799 and 340 ended unchanged.
Gold for February delivery was down 0.20% or 2.60 to $1291.60 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 2.80% or 1.30 to hit $47.77 a barrel, while the March Brent Oil contract rose 1.86% or 0.90 to trade at $48.88 a barrel.
GBP/USD was down 0.26% to 1.5105, while EUR/GBP rose 0.42% to 0.7659.
The US Dollar Index was down 0.05% at 93.31.