European equities markets saw gains Tuesday as worries about the effect of Dubai’s debt problems continued to recede.
The FTSE 100 added 2.34 percent to 5,312.17 in London, while the FTSE 250 gained 2.43 percent to 9.135.11 as miners gained on higher metals prices.
Gold and silver miner Fresnillo (LSE: FRES) led gainers on the 100 as it added 7.47 percent and turned in the best performance among miners, followed by a gain of 6.27 percent for Xstrata (LSE: XTA).
Most banks were higher, led by Standard Chartered (LSE: STAN) with a gain of 5.19 percent, but Lloyds Banking Group (LSE: LLOY) was down 1.83 percent for the worst performance on the 100 after broker KBW cut the bank’s target share price.
The 250 produced both the biggest winner and biggest loser in London, with house builder Persimmon (LSE: PSN) adding 11.07 percent after mortgage lender Nationwide said that UK house prices were up 0.5 percent in November, but residential property …
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