Stocks rally amid Brexit hopes

London stocks racked up healthy gains in early trade on Wednesday, with sentiment underpinned by Brexit hopes and US stimulus progress.

The FTSE 100 was 1.2% higher at 6,589.57, while the pound was up 0.3% against the dollar at 1.3499 after EU Commission President Ursula von der Leyen said there had been progress in trade talks and that the next few days would be critical.

Speaking in Brussels, she said there was now “a path to an agreement”, with the two sides having found a way forward on most issues, although the issues of the level playing field and fisheries remain outstanding.

Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.

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