UK stocks rose as shares of both Smith & Nephew and Invensys advanced again this morning. S...
UK stocks rose as shares of both Smith & Nephew and Invensys advanced again this morning. Smith & Nephew shares jumped after yesterday's decision to buy Centrepulse AG for £1.7bn, and the shares advanced from 8p or 2.2% to 376p. Invensys, also a poor performer this year, gained 1p or 7.6% to 14.25p. The benchmark FTSE 100 Index rose by 1.3%, or 48p, to 3813.7 while the FTSE All-Share Index advanced 18.91p or 1.1%, to 1823.15p. In Asia, stocks advanced this week after the US began an attack on Iraq and the largest gains could be seen in shares of Asia's largest compani...
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