The blue-chip FTSE 100 index lifted off six-week lows on Tuesday, powered by gains in beaten-down cyclical sectors, while shares of John Wood Group advanced after raising its annual profit outlook.
The FTSE 100 (.FTSE) was up 0.3%, while the midcap FTSE 250 index gained 0.6%. The benchmark index could snap a seven-day losing streak, if gains last till the end of the trading session.
Gains were driven by cyclical sectors, including construction and materials, precious metal miners and defence.
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.