The FTSE 100 is up today (August 8th), pushed higher by the success of insurer Aviva.
After the company confirmed that its operating profits were up by five per cent, its stocks rose by 6.7 per cent and this helped to support London's stock index.
The FTSE 100 was up by 0.28 per cent at 15:53 BST, with Aviva one of the biggest gainers on the index over the course of the trading session so far.
According to a report by BBC News, a rise in mining stocks has also helped to support the FTSE 100 today, after they were boosted by a strong set of Chinese trade data.
Anglo American rose 3.2 per cent and Antofagasta jumped 2.7 per cent, while Rio Tinto's shares were up 0.7 per cent during the afternoon session.
House builder Bellway saw its share price increase by more than two per cent after the firm said that its revenues for the year to the end of July were up by 12 per cent to about £1.1 billion.
The FTSE 100 may have also been boosted by the news interest rates will be held in the UK until unemployment is brought down to the seven per cent mark.
Find up to date information on the FTSE 100 and spread betting strategies at City Index
StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.
No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.