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Britain’s FTSE rises as traders breathe easier over Ukraine

canada goose coats Bovis Homes buoyed by enhanced dividend policy

By Tricia uk canada goose outlet Wright

LONDON, Aug 18 (Reuters) UK shares advanced https://www.canadagooseoutleta.com on Monday in canada goose clearance sale a broad based rally on traders relief that a feared escalation in the Ukraine crisis had failed to materialise.

Tensions cheap canada goose uk spiked on Friday when Ukraine said it partially Canada Goose Parka destroyed an armoured column that had crossed the border from Russia, a report that triggered a sell off in global shares.

But Moscow made no threat of retaliation, describing the report as a On Monday, Russia Foreign Ministry said a progress was achieved during talks between Russia, Germany, France and Ukraine in Berlin on ways to end the conflict.

The FTSE 100, which on Friday erased earlier gains to end flat, had risen 40.18 points, or 0.6 percent, to 6,729.26 points canadian goose jacket by 0810 GMT.

In a further sign of returning calm, the FTSE volatility index, a crude gauge of investor fear, shed around 15 percent, on course for its biggest one day percentage drop this year.

Some Canada Goose Online traders maintained a cautious approach, mindful of Friday market swing which saw canada goose store a near 1 percent rise Canada Goose Outlet on the UK benchmark wiped canada goose black friday sale out.

are not overly confident that a rally will be sustained. Geopolitical risks Canada Goose sale at the moment are just too high, said Mark buy canada goose jacket Ward, head of trading at Sanlam Securities.

will be looking to sell into the strength.

Charles Stanley technical analyst Bill McNamara said selling pressure was likely to kick into the FTSE 100 on any push back above 6,800.

Chip designer ARM was among the top risers, ahead 2.3 percent, as Goldman Sachs added to some recent positive broker comment on the company, canada goose factory sale which sells blueprints for chip designs and canada goose online shop receives royalties on every chip shipped by partners.

The investment bank repeated its rating on the stock, which it canada goose coats on sale added to its Conviction List ahead of what it expected to be a better second half for the Canada Goose Jackets firm.

see the smartphone inventory correction as substantially resolved, and expect high end buy canada goose jacket cheap smartphone launches incorporating ARM v8 cheap Canada Goose designs to benefit royalties, it said in a note.

Some canada goose uk outlet strength was seen from the housebuilders, Canada Goose Coats On Sale led by uk canada goose a 5.3 percent gain in Bovis Homes as investors welcomed its enhanced dividend policy while it posted first half results boosted by a record canada goose clearance number canada goose uk shop of canada goose uk black friday completions.

dividend yield argument is still quite powerful. yield quite difficult to find so a sector where it kind of guaranteed has its extra attractions, Peel Hunt equity strategist Ian Williams said.

The Thomson Reuters UK Homebuilding index jumped 7 percent canada goose last week, bolstered by weak UK wage growth data which prompted Canada Goose online the market to push back its expectations for when the Bank of England would lift interest rates. (Reporting by Tricia Wright; Editing by Andrew Heavens).

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