Peel Hunt said at its AGM today that it has “seen some improvement in the macroeconomic backdrop since the start” of the year, “with tentative signs of a pick up in equity capital markets”.
The broker also says it has been “encouraged by an increase in activity” among clients looking to trade and make deals.
That sentiment is echoed across town, with stock brokers and fund managers noting greater enthusiasm for UK shares and for buying UK companies.
Sterling was today at a three-year high against the dollar at $1.28.
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