As per reports, the UK stocks have climbed for a second day while the FTSE 100 Index was seen at its highest level since October 2007.

The Royal Bank of Scotland Group Plc (RBS) and EasyJet Plc also advanced. RBS rose by 3.3% resulting in extension of its gain in the five days through today to 17%. The same has occurred after Numis Securities Ltd. advised investors to buy the shares.

EasyJet saw an upswing of 4.9% after a 13% increase in full year profit was reported by Ryanair Holdings Plc. However, FirstGroup Plc fell down to 16%.

The FTSE 100 increased by 0.2% adding 11.71 points to reach 6,734.77 at 8:48 a. m. in London. 1.5% increase was reported last week while it has increased by 14% this year. Reports claim that the boost has been brought by the central bank stimulus.

The FTSE All-Share Index also experienced an increase of 0.2 percent today for a 13th straight advance while the Ireland's ISEQ Index increased by 1.2%, the level highest since September 2008.

"We like the U. K. because it's a global market and exposes the portfolio to global emerging markets at a cheap price and through London-listing", said Marino Valensise, the Chief Investment officer at Baring Asset Management Ltd.