LONDON: U.K. stocks rose Monday, building its last week’s post general-election rally, with miners higher after China made another move to stimulate its economy.
The FTSE 100 UKX, +0.33% swung up 0.2% to 7,059.86. The index on Friday jumped 2.3% after the country’s general election resulted in the Conservative Party taking power in the U.K.
Mining stocks on Monday gained, after the People’s Bank of China’s decide on Sunday to cut its benchmark lending and deposit rates by a quarter of a percentage point. The third rate cut in six months highlights concerns about slowing in the world’s second-largest economy.
http://www.marketwatch.com/story/ftse-100-gains-as-mining-shares-advance-2015-05-11
