London’s FTSE 100 rose on Tuesday as miners and oil stocks boosted the commodity-heavy bourse, while shares of Cineworld slid as the world’s second-largest cinema chain operator filed a plan of reorganisation.
The blue-chip FTSE 100 (.FTSE) rose 0.4% to hit a one-month high by 0830 GMT.
“Most of the sectors, and cyclical ones like energy and materials are rallying. It’s just a risk-on sentiment this morning,” said Michele Morra, portfolio manager at Moneyfarm.
Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.