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RBS Royal Bank of Scotland Group PLC

3.09
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Royal Bank of Scotland Group PLC NYSE:RBS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.09 0 01:00:00

LONDON MARKETS: Miners Lift FTSE 100 For Second Straight Day

27/08/2014 10:35pm

Dow Jones News


Royal Bank of Scotland (NYSE:RBS)
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By Sara Sjolin, MarketWatch

LONDON (MarketWatch)--The U.K.'s FTSE 100 index inched up on Wednesday, closing at itsd highest level since early July.

The London benchmark ended 0.1% higher at 6,830.66, marking a second straight day of gains.

Mining firms were among the top gainers. Shares of precious-metal producers Randgold Resources Ltd. and Fresnillo PLC climbed 0.7% and 1.8% respectively, while sector major Glencore PLC (GLCNF) advanced 1%.

The banking sector continued to rise on Wednesday, after being among biggest advancers on Tuesday. The gain follows dovish comments from European Central Bank President Mario Draghi, which spurred hopes that the ECB will launch full-on quantitative easing by the end of the year.

Shares of Lloyds Banking Group PLC (LYG) added 0.4% on Wednesday, and Barclays PLC (BCS) gained 0.3%. Shares of Royal Bank of Scotland Group PLC (RBS) rose 0.2% even after the U.K. Financial Conduct Authority fined the bank 14.47 million pounds ($24 million) for "serious" failings related to mortgage recommendations.

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