(MENAFN- ProactiveInvestors) UK shares continued earlier momentum to close the day up over 37 points at 6709.
The biggest gainer was oil firm Tullow () which added 3.55%. () was another climber adding 2.52%.
Tullow's rise came after broker Liberum recommended a 'buy' on the shares adding that results from two basin-opening wells in Kenya are due to be released in the next three months.
Banking giant Lloyds () added 0.83% despite news it would give hundreds of pounds back to almost 10000 current and former employees who were refused a pay rise.
It comes after a dispute between the lender and the LTU union over previous contracts.
The positive vibe was aided by Mario Draghi’s hints of full-blown financial stimulus for the Eurozone.
The European Central Bank governor repeated he is ready to do what it takes to fight deflation and kick-start Eurozone growth.
It provided some relief to European investors after Japan’s fall into recession.
The Japanese economy’s refusal to reflate despite loose monetary policy higher spending and structural reforms has led Prime Minister Shinzo Abe to postpone a sales tax hike due in October 2015 and call a new snap election.
() was another share on the up. From a low of below 400p in October the shares are now at 469.20p and added 0.32% on the day. It releases first half results tomorrow.
EasyJet [LON:EZY) shares were down a tad despite the no-frills airline reporting a 22% jump in pre-tax profits.
Among the midcaps Quindell () shares dropped 2.7% as the fiasco at the insurance outsourcer continues.
Now its chairman and founder Rob Terry has quit along with two other directors following a recent share-dealing controversy.
In the junior space () was a standout jumping over 44% after the oil firm said it had won an appeal in a Moscow court over a debt dispute.
Fitness technology firm Fitbug () shares continued their remarkable recent surge and added almost 65% today.
() said Oliver Rodz and David Laing both nominees of backer Quintana Resources have been appointed to the board. Shares were up almost 11%.
() added almost 3% as it said the signing of a long-term gas sales agreement in September was the highlight of the third quarter.
The company's operational update listed a number of other milestones the East Africa-focused oil & gas company passed during the quarter including agreeing the terms for two credit facilities with a Tanzanian bank the acquisition of 315 kilometres of conventional 2D seismic data over prospective areas of the Mnazi Bay Concession and continued drilling of the Demob-1 exploration well.
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