A strong set of third quarter figures from industrial gases giant BOC and a firm upgrading of steelm...
A strong set of third quarter figures from industrial gases giant BOC and a firm upgrading of steelmaker Corus by analysts at Goldman Sachs combined with a 300 points and counting rise in the Dow Jones Industrial Average index in New York this afternoon to turn the FTSE's lacklustre morning into a strong afternoon rally beyond the 4,100 points level.
The index of 100 leading UK shares ended the day up 134.60 points at 4,131.
Corus led the gainers with a 6.75p gain to 52.25p, followed by BOC, which gained 74p to 912p.
Technology investor 3i also saw its shares gain, up 40p to 545p.
Just nine stocks listed in the index fell today.
Astrazenica shed 87p to £22.48 on further bad news for its cholesterol treatment, which needs to pass US regulatory approval - investors fear delays to the first sales of the drug in the US market.
Brambles, a supplier of pallets and other goods and services to the manufacturing industry, tumbled 5.25p to 242p along with publishers Daily Mail, off by 5p to 460.5p and Reed Elsevier, down 3p to 508.5p as not all investors bought into today's cheery market mood.
Unlike the bigger stocks, the mid-caps did not have a good day, and the FTSE 250 index shed 15.5 points to 4,573.6.
Top loser was Morgan Crucible, off by 7.5p to 78.5p, closely followed by this morning's big loser Cordiant Communications, which ended down 5p at 64p after investors got nervous about the advertising market outlook.
It was a better day for South African based mining stocks, however, and Lonmin added 55p to 765p after peer Anglo American said talks with the government there indicated mines were not going to be handed over to black South African investors as part of increasing black participation in the ownership of capital in the country.
And chip designer Arm gained 9.75p to 141.5p after unveiling a new online training program for customers using its designs to make new chips.
In New York at present, the Dow Jones is up more than 330 points at 8,378.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till