Miners helped push the Expectations that the
This was fuelled by new figures showing factory activity in the country expanded at its fastest pace in five months during May, suggesting that the slowdown in the world's second-largest economy is stabilising.
The update boosted the pound against the US dollar and euro - to 1.68 and 1.23 respectively. Pressure on the single currency intensified on the back of disappointing manufacturing output figures, adding to pressure on ECB policy makers to deliver stimulus measures at their meeting on Thursday.
It is thought they could impose a negative deposit rate - effectively a charge for holding money - in order to stimulate lending to businesses and consumers.
It said housing market data remains positive and that a recent slide in the company's share price offered a buying opportunity. Other building stocks were on the front foot, with Berkeley up 45p to 2300p and Persimmon 10p higher at 1348p.
And Tesco fell 3p to 300.55p amid speculation that the supermarket chain will report more disappointing sales figures in a first quarter trading update tomorrow. Analysts at
The biggest risers were
The biggest fallers were Sainsbury's down 7p at 339.1p,
The Dow and the S&P 500 finished at record highs again on Monday after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated.
Industrials and material stocks were among the day's biggest gainers, while the technology sector ended lower, weighed down by big names such as Apple and
After hours of confusion, the
The ISM said its index of national factory activity rose to 55.4 last month from 54.9 in April, with the May figure just shy of the 55.5 expected by a Reuters poll of economists. The ISM had initially said the reading came in at 53.2, but it was corrected due to an error in applying the seasonal adjustments.
The Dow Jones industrial average rose 26.46 points or 0.16 %, to 16,743.63. The S&P 500 gained 1.40 points or 0.07% to 1,924.97. But the Nasdaq Composite dropped 5.42 points or 0.13%, to 4,237.20. The Dow ended at a second consecutive record high while the S&P 500 closed at a third consecutive record though volume was still slight. Both the Dow and the S&P 500 also set lifetime intraday highs on Monday.
Apple shares slid 0.7% to
Miners helped push the
Expectations that the