Hargreaves biggest FTSE winner with 8% gain

Blue chips jump 1.6%

Hargreaves Lansdown was the biggest riser in the FTSE 100 index, up 7.5% following its latest set of results.

The rallying wealth manager was closely followed by mining group Anglo American, which was up 5.7% by 4.20pm.  The blue chip index itself climbed 1.3% to around 6,226 on Wednesday afternoon on the back of this strong rally. The biggest loser was pharma giant GlaxoSmithKline, which fell 1.6% after it was revealed that its inhaled medicine Breo failed to prolong life in patients with chronic respiratory disease in clinical trials. Stocks markets around the globe reflected the positive sentiment, with a bounce-back for US shares, a recovery in China and the largest single-day jump in ...