(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 up 0.7%, FTSE 250 adds 1.2%
Feb 23 (Reuters) - London's FTSE 100 advanced on Tuesday, as rising commodity prices lifted mining and energy stocks, while HSBC dropped after the lender abandoned its long-term profitability targets.
Travel and leisure stocks .FTNMX5750 jumped 2.4%, gaining for a second straight day as Prime Minister Boris Johnson unveiled a map out of the lockdown for England. mid-cap FTSE 250 .FTMC rose 0.7%, led by industrials and consumer discretionary stocks.
HSBC Holdings PLC HSBA.L fell 1% after unveiling a revised strategy, focused mainly on wealth management in Asia as the COVID-19 crisis pushed the lender's annual profit sharply lower. of Holiday Inn-owner InterContinental Hotels IHG.L rose 3.2%, despite posting an annual loss, triggered by repeated COVID-19 restrictions and lockdowns.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.