Market round-up: FTSE 100 Greece rubber stamp lifts market but oil and mining lose out

The FTSE 100 responded positively on 16 July to news that Greece has voted to approve a bailout deal after hardball Eurozone negotiations.

The deal will hand over €86bn (£59.8, $93.6) to the debt stricken country in exchange for austerity measures.

"While not exactly closing the door to the threat of a possible Grexit, it appears that lawmakers in Greece have at least postponed such a move by singing up to the terms of the latest lifeline offered up by its European counterparts," says AJ Bell Investment Director Russ Mould.

The FTSE 100 gained 0.58% to close out 16 July at 6,792.60p.

The day's falling stocks included oil and gas producer BP and security company G4S at the head.

"Overall, there were about 20 blue chips lower, with miners, oil stocks, utilities and several supermarkets all featuring," said AJ Bell.

FTSE 100 biggest risers

• Weir Group Plc +67.00 (+4.20%) 1,661.00
• Pearson Plc +35.00 (+2.85%) 1,263.00
• Smiths Group Plc +25.00 (+2.19%) 1,164.00
• Ashtead Group Plc +21.00 (+1.99%) 1,078.00
• Wolseley Plc +80.00 (+1.86%) 4,384.00

FTSE 100 biggest fallers

• BP Plc -5.10 (-1.19%) 422.00
• Fresnillo -8.00 (-1.18%) 668.50
• Randgold Resources -16.00 (-0.39%) 4,086.00
• United Utilities Group Plc -2.50 (-0.28%) 882.50
• Marks & Spencer Group Plc -1.00 (-0.18%) 546.00

FTSE AIM 100 biggest risers

• Telford Homes +27.75 (+6.67%) 443.75
• Optimal Payments Plc +11.00 (+4.60%) 250.00
• Sinclair IS Pharma Plc +1.75 (+4.38%) 41.75
• Epwin Group Plc +5.50 (+4.21%) 136.00
• Regenersis Plc +6.00 (+3.73%) 167.00

FTSE AIM 100 biggest fallers

• Scapa Group Plc -8.25 (-3.74%) 212.50
• Petroceltic International Plc -3.00 (-3.33%) 87.00
• GW Pharmaceutical -19.00 (-2.74%) 674.00
• Asos Plc -101.00 (-2.66%) 3,692.00
• Saatchi -8.00 (-2.53%) 308.00