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2 penny stocks to buy in October
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The FTSE 100 finished above 7,000 for the first time since the middle of April as confidence mounted about a global economic recovery.
Oilers, miners and banks – the sectors most likely to benefit from an upturn – were on all the charge.
Metals provide a bellwether for global growth prospects and on the London Metal Exchange copper and nickel rose 2 per cent, while tin added 4 per cent as demand from the China and the US rose further.
Recovery hopes: Oilers, miners and banks were on all the charge as the FTSE 100 finished above 7,000 for the first time since the middle of April last year