FTSE 100 up 0.4% at end of trade, Wednesday

Wednesday 10th February 2010

The FTSE 100, Britain's leading share index, gained 0.39 per cent, adding 20.15 points, by close of trade on Wednesday.

The FTSE hit 1.1 per cent at midday, as investors rallied on the hopes of Europe's financial decision over whether to intervene in euro zone debt.

Leading the blue-chip gainers was ICAP, which gained 10.56 per cent, while banks offset weaker commodities; with Lloyds Banking Group gaining 3.73 per cent, Barclays 3.17 per cent and Royal Bank of Scotland gaining 2.32 per cent.

Commodities dragged on the FTSE, as Antofagasta shed 2.14 per cent and Xstrata lost 1.51 per cent.

European Union leaders are holding a meeting tomorrow on the future of euro zone debt which is likely to affect investors. ADNFCR-1783-ID-19609339-ADNFCR

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