UK Shares Gain Broadly After Delayed Stock Market Open

(Reuters) – Britain’s stock market indexes jumped after a delayed open following the London Stock Exchange’s longest outage in eight years on Friday, boosted by broad gains across sectors.

The main index advanced 0.8% and the mid-cap FTSE 250 rose 0.5% by 0847 GMT, with all sectors on the indexes in the black when trading began after an almost two-hour delay.

Both indexes were rebounding after two straight sessions of steep losses, which were triggered by fears of a looming recession and worries that the U.S.-China trade war may escalate further.

(Reporting by Muvija M and Shashwat Awasthi in Bengaluru; Editing by Bernard Orr)