- Robust oil prices and a relaxed stance from Janet Yellen concerning US interest rates kept the main markets in positive territory, despite a slump in metal prices.

The FTSE 100 rose 0.4% to 6,298.59 and the FTSE 250 nudged 0.4% higher to 17,258.7.

West Texas Intermediate (WTI) crude oil was up 0.5% to $49.93 and Brent crude oil advanced 0.5% to $50.83 per barrel, respectively.

Gold fell 0.27% to $1,241.2 per ounce, while copper cheapened 1.8% to $4,585.69 per tonne.


Sports retailer Sports Direct (SPD) advanced 1.9% to 370.5p as executive deputy chairman Mike Ashley providing evidence to MPs regards working practices at the company.

UK retail sales increased 1.4% in May after two months of flat sales, while online sales rose by 13.7% compared to last year, according to the British Retail Consortium (BRC).


The market liked news that Esure (ESUR) might demerge its insurance price comparison site, sending its shares up 1.5% higher to 287.5p.

Money broker Tullett Prebon (TLPR) said the Competition and Markets Authority was concerned about the broking of oil products in a review of the proposed acquisition of ICAP's information business. Investors were unhappy with the news as shares slipped 2.8% to 316.2p.


Equipment rental specialist VP (VP.) improved its pre-tax profits, margins and returns through revenue growth in the year to 31 March. Shares rose 3.2% to 733p. N+1 Singer upgraded its pre-tax profit forecast by 1% in 2017 and 2018 assuming continued strength in the hire station division.

E-sports business Gfinity (GFIN) signed an agreement with Gilette to create a football-based e-sport competition. The sponsorship news triggered a 1.3% rise to 9p.

Venture capital provider B.P Marsh & Partners (BPM) hiked its full year dividend by 25%, sending the shares up more than 6% to 168p. An increase in net asset value, bullish comment on new investment opportunities and more cash were other positives in the results.

Manufacturer of tolerance parts Carclo (CAR) swung into profit as a result of strong sales across its businesses and a second consecutive year of double-digit growth, nudging shares up 4.4% to 161.5p.

Independent energy provider Fulcrum Utility Services (FCRM) nearly increased its pre-tax profit seven-fold, although this was achieved by a decline in costs instead of sales growth. The shares were hit by profit taking following a strong run this year, down 4% to 41p.

Cloud computing company iomart (IOM) announced its pre-tax profit and revenues grew both organically and through acquisitions of SystemsUp and United Hosting, prompting shares to advance 2.5% to 273.5p.

Residential lettings agency Belvoir (BLV) agreed to buy Northwood GB for £22m, which will make Belvoir the UK's largest property franchiser, pushing shares 6.5% up to 124.6p.

Construction firm Mountfield (MOGP) moved back into profit as Connaught Access Flooring drove revenue and profits, causing shares to shoot up 20% to 1.6p.

Data management services provider Vianet (VNET) reported higher revenues, but lower pre-tax profits and the same full year dividend in the year to 31 March, triggering a drop of 6.3% to 96p.

Technical consultancy WYG (WYG) said its revenue and pre-tax profit rose and hiked its dividend and announced a change in finance director. Shares fell 1.7% to 140p.

Architect practice Aukett Swanke (AUK) revealed its revenue rose and pre-tax profits fell, resulting in a lower dividend, which the company blamed on the upcoming EU referendum.

Brain health firm IXICO (IXI) slipped 8.8% to 36p after its total income remained static and its operating losses rose in the six months to 31 March.

Plastic additives specialist Symphony Environmental (SYM) signed a three-year agreement with Pakistan International Airways to convert its normal packaging into biodegradable plastic, boosting shares 14.9% to 6.7p.

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