Drugs firms lead FTSE 100 rebound
(Close): The market enjoyed a rebound, with shares in drugs companies seeing some of the largest gains.
The benchmark FTSE 100 index was up 70.40 points, or 1.16%, at 6161.63 having fallen more than 1% on Tuesday.
Pharmaceutical shares were higher after Pfizer confirmed it had scrapped its planned merger with Allergan.
Shares in no-frills airline Easyjet fell 3% after it published passenger figures for March.
Passenger numbers rose 4.3% from a year earlier to 5,728,114, but its load factor - the percentage of seats occupied - slipped 1.3% to 91.3%.
Easyjet said it had cancelled 611 flights last month, with most due to strike action in France.