Imagination Technologies Group Share News (IMG)

London shares bounced back on Tuesday in the wake of some long-awaited upbeat economic data in the Eurozone and positive news for UK banks.The FTSE 100 Index climbed 149.11 points to 6331.83 as Markit's purchasing managers' index (PMI) for euro-area manufacturing rose to 50.8 in December from 50.1 a month earlier, compared to forecasts for a reading of 50.5. A reading above 50 signals expansion.The Eurozone racked up a record trade surplus as the weaker euro made European exports cheaper overseas and higher import prices reduced demand for goods from abroad.Jasper Lawler at CMC Markets said: "European Central Bank policy is bearing some fruit via the Eurozone trade surplus."Europe is an oil importer so the lower oil prices also reduced the cost of one the continent's biggest imports."In the UK, the rate of increase in British house price rises slowed again in October against the previous month, in a further sign that a mortgage clampdown and pressure on incomes have hit the home market.Consumer price inflation in the UK also slowed by much more than expected in November, sending the pound down against the dollar, although sterling staged a comeback later.Meanwhile, crude prices dropped again and the rouble fell against the dollar.In British corporate news, Sainsbury's fell but later recovered to stand 0.1p up at 229.4p after retail research group Kantar Worldpanel said the supermarket's sales fell 1.8% in the 12 weeks to 7 December. Tesco lifted 2.65p to 167.45p and Morrisons also gained 1.6p to 169.9p.Graphics chip maker Imagination Technologies sparked 31p to 221p as it reported good first-half progress and said the second six months should be much stronger.Banks were in the money as seven out of eight of the UK's largest banks and building societies passed the Bank of England's (BoE) latest round of stress tests, with the struggling Co-operative Bank the only one to fail.Lloyds Banking Group rang up 2.46p to 76.86p, HSBC gained 11.3p to 603.5p and Barclays ticked up 4.95p to 230.15p and Royal Bank of Scotland added 8.3p at 372p.BT rang up 7.4p to 405.4p as the telecoms group entered exclusive talks with Deutsche Telekom and Orange about buying their mobile phone network EE.Market MoverstechMARK 2,874.04 +1.75%FTSE 100 6,331.83 +2.41%FTSE 250 15,426.80 +1.27%FTSE 100 - RisersTullow Oil (TLW) 381.40p +6.30%Capita (CPI) 1,065.00p +6.29%Intertek Group (ITRK) 2,270.00p +5.63%Royal Dutch Shell 'B' (RDSB) 2,094.00p +5.28%Royal Dutch Shell 'A' (RDSA) 2,036.50p +4.81%Rio Tinto (RIO) 2,727.00p +4.22%Weir Group (WEIR) 1,782.00p +4.21%BG Group (BG.) 827.20p +4.04%Admiral Group (ADM) 1,270.00p +3.93%Johnson Matthey (JMAT) 3,299.00p +3.91%FTSE 100 - FallersRandgold Resources Ltd. (RRS) 4,040.00p -1.32%Fresnillo (FRES) 704.50p -1.05%Coca-Cola HBC AG (CDI) (CCH) 1,221.00p -0.89%Burberry Group (BRBY) 1,590.00p -0.25%FTSE 250 - RisersAfren (AFR) 35.93p +9.24%Amec Foster Wheeler (AMFW) 832.00p +5.38%Balfour Beatty (BBY) 188.40p +5.13%Ophir Energy (OPHR) 119.80p +4.81%Euromoney Institutional Investor (ERM) 1,047.00p +4.70%Card Factory (CARD) 274.00p +4.58%Cable & Wireless Communications (CWC) 49.88p +4.35%Premier Farnell (PFL) 167.30p +3.98%Mitie Group (MTO) 276.40p +3.87%Kaz Minerals (KAZ) 237.30p +3.85%FTSE 250 - FallersNostrum Oil & Gas (NOG) 377.00p -9.44%Hochschild Mining (HOC) 79.50p -4.22%Ashmore Group (ASHM) 265.00p -4.19%Alent (ALNT) 337.50p -3.93%Vedanta Resources (VED) 544.00p -3.89%Pace (PIC) 320.20p -3.61%Centamin (DI) (CEY) 52.20p -2.52%Genesis Emerging Markets Fund Ltd Ptg NPV (GSS) 502.00p -2.43%AO World (AO.) 272.00p -2.16%Ferrexpo (FXPO) 48.63p -2.00%