March 13, 2020 / 8:37 AM / 23 days ago

London stocks jump after worst day in more than three decades

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* FTSE 100 up 3%, FTSE 250 up 1.4%

* Miners and oil lead gains on main index

March 13 (Reuters) - London stocks rebounded on Friday from their worst day in more than three decades as a recovery in oil prices and fresh moves by policymakers to tackle the economic impact of the coronavirus outbreak lifted sentiment.

The commodity-heavy index rose 3%, while the domestically focussed FTSE mid-cap index was up 1.4% on the back of a 10% jump for miners, and oil and gas companies.

BP Plc and Royal Dutch Shell Plc rose between 6% and 7%, tracking higher oil prices.

Miners Rio Tinto, BHP group and Anglo American jumped more than 11% and were the biggest gainers on the main index.

Central banks from the United States to Australia pumped liquidity into their financial systems and hopes of a U.S. stimulus package helped the mood on Friday even as the virus outbreak infected almost 135,000 and killed more than 4,900 worldwide. (Reporting by Shivani Kumaresan and Devik Jain in Bengaluru; Additional reporting by Sruthi Shankar; Editing by Anil D’Silva)

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