(MENAFN- ProactiveInvestors) UK shares banked yesterday’s gains and moved higher on the open as oil stabilised and European quantitative easing expectations continued to grow.
London's top equity index has been in positive territory since the start of the week amid intense speculation that the European Central Bank will announce a full-scale bond-buying programme to revive the deflation-hit eurozone.
Shortly after the open the FTSE 100 was higher again adding 30 points in early deals to reach 6646 after a mixed performance from Asian markets overnight.
The gains came ahead of a UK employment report which is likely to show another tick down in the unemployment rate and a pick-up in wages growth.
Recently merged Dixons Carphone () was among the risers early on after raising its full-year profit forecast.
() which also owns the Financial Times moved higher as it predicted 2015 earnings to rise after solid growth.
BG () () and Shell () all advanced as oil found support with Brent around US$48 a barrel.
shares () shares are bottom of the FTSE 100 this morning. The decline comes on news that owner Mike Ashley is selling a 2.6%/£117mln stake in the company.
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