The FTSE 100 was in positive territory in early trading as investors across Europe pushed indices higher in reaction to Spain's successful bond auction.
The UK blue chip index gained 22 points or 0.4%, climbing to 5,780, with banks and engineering firms leading the way, more than offsetting falls seen across the mining sector following a dip in commodity prices. The gains for the UK's leading index came amid a strong start in Europe, where investors welcomed the latest Spanish debt sale. Spain was forced to pay 4.037% on its 3-year bonds, well above the previous price of 2.617%, but it sold all the debt on offer, including a tranche of 5-year bonds. The strong demand lifted confidence, with shares in most indices across Europe ahea...
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