* FTSE 100 up 0.5%, FTSE 250 up 0.6%
* Hill & Smith up on better-than-expected annual core profit
* Balfour Beatty up on higher order book, share buyback plan
* Hochschild Mining soars on restoring dividend payout
March 12 (Reuters) –
British shares rebounded on Wednesday after logging recent
declines as investors focused on positive developments in the
Ukraine-Russia conflict, while assessing corporate earnings.
The benchmark index FTSE 100 closed 0.5% higher,
snapping six sessions of declines, its longest losing streak
since September.
The U.S. on Tuesday agreed to resume military aid and
intelligence-sharing with Ukraine after Kyiv voiced its
readiness to accept a 30-day ceasefire proposal with Russia.
Most sub-sectors in London closed higher, with
financials the biggest boost to the blue-chip index.
Precious metal miners lead broader…
