By Carla Mozee, MarketWatch
LONDON (MarketWatch) -- U.K. stocks rose Wednesday, with Anglo
American PLC climbing following a production update from the mining
heavyweight.
The FTSE 100 rose 0.3% to 6,829.97, winning back a portion of
Tuesday's 0.6% loss that broke the benchmark's eight session win
streak.
Experian shares were the best performing on the FTSE 100, rising
3.5% after the credit-checking services company said it plans to
buy back $600 million in shares over the next 14 months in an
effort to return capital to shareholders.
Anglo American shares rose 1.7% as the diversified mining as
part of its update posted a 16% rise in iron ore production in the
fourth quarter. But the company also warned that it's set to incur
noncash impairment charges in full-year results stemming from the
drop in commodity prices.
But Johnson Matthey PLC sat at the bottom of the benchmark,
losing 5.6%. The maker of catalysts for auto exhausts said it
expects full-year results to be in line with expectations.
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