London Markets: FTSE 100 ends near 6-week high as miners climb on China stimulus plans

U.K. stocks finished firmly in the green on Tuesday, booking a six-week high as mining and bank shares were bolstered by plans in China to expand measures to stimulate economic growth.

How markets are moving

The FTSE 100 index UKX, +0.70% leapt 0.7% to 7,709.05, marking the index’s highest close since June 14, according to WSJ Market Data Group. The basic materials, tech and financial sectors led advancers. But the utility and oil-and-gas groups pulled slightly lower. On Tuesday, the index fell 0.3%, marking a second consecutive decline.

The pound GBPUSD, +0.2519% traded at $1.3111, slightly higher than $1.3101 late Monday in New York.

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