FTSE 100 makes modest recovery after Tuesday's big fall | 21 April 2021

21 April 2021 | 12:01pm
StockMarketWire.com - The FTSE 100 made a modest recovery on Wednesday after Tuesday's big sell-off gaining 0.5% to 6,894.47 with big oil companies helping to support the index.
The UK consumer price index rose 0.7% in March from 0.4% in February, indicating the economy was on the mend -- though the market had expected an even stronger reading, of 0.8%.
BHP gained 1.3% to £21.945 after it upgraded its annual copper production guidance, though it also downgraded its guidance for both metallurgical and energy coal.
The world's biggest mining company kept its guidance for petroleum and iron-ore intact, with output of the latter rising 4% in the nine months through March.

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