The disruption and the chaos caused to the global supply chains were reminisced when the FTSE 100 gained a little hope that the Greece financial dispositions shall be helped a bit. The disruption last time had come as the Japanese earthquake.

There was a fall in the shares of Pace Micro, they fell by37%. This was a result of an issued profit warning. They were of the view that the problems at the ports in Japan were the reason for the instability. The firm was of the revelation that it expects its operating profit to be somewhere around $150m and $170m by the end of this year.

It is the biggest fall recorded in the Midcap index. The losses in the stock were as much as 4.8% after the pre-tax earnings.

“The issue surrounding the potential restructuring of Greece’s debt bail-out remains an issue and trading is likely to be sensitive to any news on the matter, particularly anything that appears to be a confirmation of the speculation that a restructuring is on the cards”, said Giles Watts, Head of equities at City Index.

There was a recorded gain in the FTSE of 62 points, marking to a rise of 1%. The gains came after the incurred losses of 0.6%, in the previous session, resulting to a 1.5% fall in the previous trading week.