Rodney
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U.K. Stocks Advance, Led by Energy Producers - 2008/11/10 19:32
Good day traders. After a mediocre week, U.K. stocks rose for a second day, led by energy producers, after China unveiled a $586 billion plan to stimulate the world's biggest contributor to economic growth, and oil and copper prices rallied.
BP Plc, Europe's second-largest oil company, and Rio Tinto Group, led the advance. British Airways Plc jumped more than 9 percent after Royal Bank of Scotland Group Plc recommended investors buy shares in Europe's third-biggest carrier.
The FTSE 100 Index added 135.90, or 3.1 percent, to 4,500.86 at 9:35 a.m. in London. The FTSE All-Share Index increased 3 percent and Ireland's ISEQ Index rose 4.6 percent.
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