India, May 7 -- U.K. stocks rallied on Tuesday, touching a record high as talks to secure a ceasefire in Gaza continued.
Investors cheered data from the mortgage lender Halifax showing that house prices in the U.K. were steady in April after falling in March.
The benchmark FTSE 100 was up 86 points, or 1.1 percent, at 8,299 as trading resumed after a bank holiday on Monday.
Housebuilder Barratt Developments jumped 1.2 percent and Persimmon added 1.6 percent.Ferrexpo jumped 3 percent. The Swiss iron ore company with assets in Ukraine issued an update on proceedings against its Ukrainian subsidiary Ferrexpo Poltava Mining.
The company said it has decided to make a partial payment of the bail approved by the Kyiv Court of Appeal on April 2...