UK stocks rise for second day in three

MMO2 rose to its highest level ever after gaining 16.5p to 108.25p. Hwever Abbey National dropped 7.5p to 563p after analysts at J.P. Morgan Chase & Co. downgraded the lender’s stock to "neutral" from "overweight". Datamonitor declined 3p to 128.5p despite the market-research company reporting a net income of £2.49m, compared with a net loss of £6.63m in the year-ago period. Image Scan Holdings climbed 4p to 39.5p. This is the 3D and X-ray technology provider’s biggest gain since December last year. Jardine Lloyd Thompson Group, the insurance broker, shed 18.5p to 543.5p after ...