London stocks rose in early trade on Wednesday, taking their cue from a positive session on Wall Street.
At 0840 GMT, the FTSE 100 was up 0.5% at 7,571.93 as investors eyed policy announcements from the European Central Bank and the Bank of England on Thursday.
Victoria Scholar, head of investment at Interactive Investor, said: “European markets continue their February ascent, attempting to build on recent bullish momentum after January’s rout.
“The Stoxx 600 is attempting to regain ground with most stocks trading in the green with technology and travel & leisure are at the top of the basket. The FTSE 100 is driving higher outperforming other bourses as the UK index inches closer to 7,600 as the next major resistance hurdle to watch.”
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.