Shares rose across the board today after a new report showing UK consumer confidence has been growin...
Shares rose across the board today after a new report showing UK consumer confidence has been growing through November.
The FTSE 100 index climbed 41.20 points to close at 4,185.40 on a day when US markets were closed for the Thanksgiving holiday - they open for just half a day's trading tomorrow.
Debt figured highly in the rebound, as Invensys led the gainers with a 4.75p rise to 63.5p after announcing another sale of assets to cut debt.
Vodafone jumped 4.25p to 124.75p after it announced the acquisition of another 8% of Dutch operator Libertel.
Analysts expect Vodafone to tighten its grip on the Dutch market at the same time it is issuing new bonds that will make its debt burden lighter.
Media was a big winner as Granada advanced 6.5p to 95.5p, Reuters climbed 12.75p to 230p and WPP jumped 28p to 533p.
Pearson climbed 27p to 37p to 718p.
Heads have started rolling again at Abbey National following its poor results, and the stock lost 25.5p to 642p.
Dixons was pushed down 17.25p to 171.75p after this morning's realisation that up to £20m in profits could be cut by taxes on sales of aftermarket warranties.
Mid-cap stocks had one of their best days in recent months, pushing the FTSE 250 index up 83.9 points to 4,573.5 by the close.
MyTravel led the gainers brigade with a 3.75p rise to 33.75p after its deal with bankers to get new loans.
Healthcare software provider iSoft unveiled a big boost in profits, but questions over a particular contract pushed shares down 10.5p to 226p.
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created