Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,514.74
    -1,706.00 (-3.40%)
     

  • CMC Crypto 200

    1,261.13
    -96.88 (-7.13%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

BUZZ-ArcelorMittal bounces on BofA-ML upgrade

Reuters - UK Focus

** ArcelorMittal (Other OTC: AMSYF - news) shares gain as much as 2.7 percent intra-day and break higher to their highest in 4 months after Bank of America Merrill Lynch upgrades the stock to "buy".

** Stock top performer on the STOXX 600 European Basic Resources Index and recovering from a 16.2% slide this year.

** Merrill Lynch says it the outlook for margins has improved as steel prices bottom out and headwinds from iron ore prices fade.

** The analyst also expects margins to increase in Europe, to which Arcelor has a large exposure, by the end of the year (RM (LSE: RM.L - news) ://robert-jan.bartunek.thomsonreuters.com@reuters.net)