Bloomberg News

U.K. Stocks Climb; FTSE 100 Advances 0.3% as ARM Rallies

February 05, 2013

U.K. stocks climbed, rebounding from yesterday’s biggest selloff in three months, as ARM Holdings Plc reported sales that topped analyst estimates.

The FTSE 100 Index gained 15.9 points, or 0.3 percent, to 6,262.74 at 8:19 a.m. in London. The gauge yesterday sank 1.6 percent as Spanish and Italian bonds fell amid signs of political uncertainty in Europe’s weakest economies.

To contact the editor responsible for this story: Sarah Jones at sjones35@bloomberg.net


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