MARKET REPORT

THE London markets closed higher as dovish comments from the Federal Reserve helped to bolster the European markets.

The FTSE 100 closed 15.61 points higher at 7,508.7 points at the end of trading yesterday.

In stocks, the market reacted positively as ITV confirmed it has inked an agreement with the BBC to launch a streaming service in the UK. Shares in ITV closed up 0.8p at 110.2p.

And shares in Tesco increased by 1.6p to 238.3p at the close of trading, despite news that prices on more than 1,000 products increased in the past two weeks.

The biggest FTSE 100 risers were Tui, up 39.2p at 804p, Ocado, up 54p at 1,194.5p, Antofagasta, up 35.4p at 934p, and Johnson

Matthey, up 85p at 3,131p. The biggest fallers were Fresnillo, down 18.6p at 794.8p, WPP, down

21p at 916.8p, Berkeley Group, down 73p at 3,756p, and DS

Smith, down 6.2p at 357.2p.