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The FTSE 100 regained its poise on Wednesday, closing sharply higher, as US markets stabilised following positive jobs data.
The FTSE 100 index closed up 62.12 points, or 0.6%, at 9,777.08.
The FTSE 250 ended 98.90 points higher, or 0.5%, at 22,094.38, but the AIM All-Share fell 3.33 points, 0.4%, at 756.22.
With global markets in an edgy mood after Tuesday’s heavy US tech falls, sentiment in the Square Mile was lifted by news the UK service sector expanded last month, helped by a solid rise in new work.
S&P Global UK services purchasing managers’ index rose to 52.3 in October from 50.8 in September, breezing past the 51.1 flash reading.
The composite PMI, measuring the wider private sector, expanded to 52.2 in October from 50.1 in September, representing the sixth successive month of growth, and beating the flash score of 51
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