After yesterday's downfall, the FTSE bounced back as some investors judged yesterday's slide to a 33...
After yesterday's downfall, the FTSE bounced back as some investors judged yesterday's slide to a 33-month low unjustified given the outlook for earnings growth. Also a strong overnight performance of US stocks suggests that markets will open higher today. The FTSE 100 rose 16.20 points or 0.3% to 5291.90 from a two day drop of 2.4%. Among stocks that have known substantial rise are Rio Tinto by 49p to 1115 and Prudential that gained 25p to 836 after announcing a rise in operating profits of 11%. Marconi, the phone equipment maker marginally rose by 2.5p to 88.5 struggling out ...
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