FTSE 100 rises as HSBC, Rio Tinto jump

Reuters

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    * FTSE 100 up 0.7%, FTSE 250 adds 0.2%

    Jan 19 (Reuters) - British shares rose on Tuesday, as a jump
in HSBC's shares and encouraging production report from miner
Rio Tinto lifted sentiment at a time when tighter
coronavirus-led restrictions have raised concerns about the pace
of an economic recovery.
    The blue-chip FTSE 100 index  .FTSE  was up 0.7% after two
consecutive sessions of declines, while the mid-cap index
 .FTMC  gained 0.2%. 
    HSBC Holdings  HSBA.L  rose 3%, giving the biggest boost to
the blue-chip index.      
    Miner Rio Tinto  RIO.L  rose 1.4 after reporting a 2.4% rise
in fourth-quarter iron ore shipments, helped by increased demand
from China.  urn:newsml:reuters.com:*:nL1N2JT1SH
    British firms called for another 7.6 billion pounds ($10.3
billion) of emergency government help, saying they cannot wait
until finance minister Rishi Sunak's March budget to learn if
they will get more pandemic support.  urn:newsml:reuters.com:*:nL8N2JT3IN
    Shares of Experian Plc  EXPN.L , the world's largest credit
data firm, gained 1.2% after its third-quarter revenue growth
exceeded targets, helped by strong U.S. mortgage volumes.
 urn:newsml:reuters.com:*:nL4N2JU1OH

 (Reporting by Shivani Kumaresan in Bengaluru; Editing by
Subhranshu Sahu)
 ((Shivani.Kumaresan@thomsonreuters.com; +1 646 223 8780;))
 
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