Relaxation of Chinese Covid restrictions helps FTSE to further gains


Source: yahoo.com yahoo.com

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London markets finished higher again as sentiment improved among traders (Victoria Jones/PA) (PA Wire) Commodity and defence firms led the gains as the FTSE 100 pushed higher for the third consecutive day. Sentiment was supported by China’s decision to reduce the length of mandatory quarantine for inbound travellers, in the biggest relaxation so far in its zero Covid policy. London’s oil majors had strong sessions amid hopes the relaxation will boost travel and trade. The move is interpreted as a sign that things are moving in the right direction David Madden, Equiti Capital “Even though the country still has measures...