India, Feb. 26 -- U.K. stocks are notably higher Wednesday morning, lifted by gains in mining and banking sectors. Slightly easing concerns over U.S. - Ukraine tensions after the two countries agreed on a minerals deal aid sentiment.
While mining stocks are up on firm copper prices, bank stocks are gaining thanks to some rating upgrades.
The benchmark FTSE 100, which climbed to 8,738.88, was up 54.76 points or 0.63% at 8,723.43 a little while ago.
Convatec Group shares are rising nearly 7%. The company reported that its preliminary profit before income taxes for the year ended 31 December 2024 increased to $245.9 million from $167.4 million in the previous year. Annual net profit was $190.5 million or 9.3 cents per share, higher than pri...