Published on 24th February 2014
1630:Close UK stocks got the week off to a decent start, lifted by gains in the US after Fed Chair Janet Yellen smoothed over concerns about the impact of monetary stimulus tapering on emerging markets. Bunzl climbed on the back of positive full-year results, while Vodafone shares were higher following the completion of the Verizon Wireless deal. RSA, Associated British Foods and HSBC were the biggest three fallers of the session. Macro wise, January Eurozone CPI was revised slightly higher, to reveal a gain of 0.8 per cent year-on-year (consensus: 0.7 per cent), while the German Ifo business climate index surprised to the upside, having gained to 111.3 in February. The FTSE 100 closed up 27.80 points at 6,865.86.