ICAP leads 100 with 12 percent gain

Equities markets in Europe were mixed Wednesday as London markets saw gains but both the Dax and the CAC-40 were lower on the session.

In London, the FTSE 100 was up 0.85 percent to 3,848.98 while the FTSE 250 added 2.31 percent to 6,042.15.

Broker ICAP (LSE: IAP) had the best day on the 100 with a gain of 12.35 percent while properties group Barratt Developments (LSE: BDEV) led the 250 as it added 13.64 percent.

Most Asia-Pacific markets were up on the session.

The Nikkei 225 was up 2.65 percent to 7,461.22 while the Topix index added 2.1 percent to 745.62 and the Mothers market gained 1.45 percent to 290.88.

The Straits Times Index was up 0.15 percent to 1,616.79 while the Shanghai Composite added 0.27 percent to 2,206.57, the Kospi was 0.3 percent higher to 1.067.08, the Sensex was up 0.91 percent to 8,902.56, the Taiex added 1.43 percent to 4,493.74 and the Hang Seng gained 1.61 percent to 13.005.08.

Australia’s markets were lower as the Sydney Ordinaries dropped 0.11 percent to 3,281.5 and the S&P/ASX200 was 0.12 percent lower to 3,327.5.

New York’s markets were lower in afternoon trade with the Dow Jones Industrial Average down 1.44 percent to 7245.4 at just past 1:30 p.m. while at the same time the Nasdaq Composite was 1.45 percent lower to 1,420.89 and the S&P 500 had dropped 1.37 percent to 762.51.

Crude oil and base metals prices were higher on the session while precious metals and grains prices were both mixed.

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