Increased profits at L&G buoys Thursday's FTSE

Professional Adviser
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It was news from Legal & General Group which drove FTSE 100 trading today, but AstraZeneca was not f...

It was news from Legal & General Group which drove FTSE 100 trading today, but AstraZeneca was not far behind in terms of the share price leap it enjoyed to over £25.00 a share. The FTSE 100 closed up 63.10 points or 1.5% to 4149.6 thanks to strong profits news from L&G and Astra, both of which indicate the market might finally be turning. Legal & General climbed 4.5p or 5.1% to 92.75p because its first-half operating profit is up 1% from £362m to £365m and AstraZeneca jumped 58p or 2.4% by close of business to £25.08 - even though profits were down on last year - as net income re...

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