(MENAFN- Saudi Press Agency) LONDON Safar 25 1437 December 07 2015 SPA -- Britain's main share index rose on Monday recouping part of a sharp drop at the end of last week helped by strength in insurance companies Reuters reported.
Britain's FTSE 100 rose 37.35 points or 0.6 percent to 6275.64 points having shed 2.8 percent in the last two sessions of last week which took the index to its lowest level since mid-November.
The index posted its biggest loss since Sept. 28 on Thursday after European Central Bank President Mario Draghi announced stimulus measures that fell short of what was expected.
Having fallen less than European indexes last week the FTSE 100 lagged a stronger recovery in continental shares which gained around 1 percent.
Traders said that the index might trade within a recent 200 point range with trade subdued before a long-awaited U.S. Federal Reserve meeting next week.
--SPA
13:36 LOCAL TIME 10:36 GMT
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