UK Stocks Rebound on Tuesday

The FTSE 100 rose more than 0.5% on Tuesday, recovering from a 0.2% loss in the previous session, boosted by commodity-linked stocks.

Energy shares advanced by over 1.5%, as oil markets climbed for a second session on the prospect of another supply cut by major oil producers at a meeting in December.

Miners were also up 1.7% as metal prices gained after China reported a fall in Covid cases and as authorities ramped up its vaccination programme.

Among single stocks, Easyjet PLC tumbled 3.5% even after reporting results in line with expectations.

British private equity firm Bridgepoint Group slid 4.7% after media reports suggested the firm is considering a $1 billion acquisition of energy transition investor Energy Capital Partners.