Commodity-linked stocks, banks lead FTSE 100 higher; Playtech drops

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Reuters UK

By Shashank Nayar (Reuters) -London’s FTSE 100 rose on Wednesday with heavyweight mining, energy and banking shares leading gains ahead of the outcome of a Federal Reserve meeting, while Playtech dropped after a report of potential breakup with Australia’s Aristocrat Leisure. The blue-chip FTSE 100 rose 1.7% with Royal Dutch Shell, BP, Glencore and HSBC Holdings the top boosts to the index. The banking sub-index rose 2.7%, tracking higher yields amid expectations of rising interest rates. Global shares steadied after sharp losses earlier this week as investors awaited any hints about faster ti…

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