London stocks climb as Omicron fears fade

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Reuters UK

(Reuters) – UK shares rose on Thursday as markets globally rallied after two research studies showed Omicron was less severe compared with the Delta coronavirus variant, lifting investor sentiment. The commodity-heavy FTSE 100 gained 0.2%, extending its two-day rally, while the domestically focussed mid-cap index added 0.6% with airline stocks Wizz Air and EasyJet leading gains. Energy and mining stocks added 0.5% and 0.3% respectively, tracking a rise in commodity prices on easing concerns about Omicron and upbeat U.S. economic data. [MET/L] [O/R] Drugmaker Astrazeneca inched up 0.3% after sa…

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