UK stocks rose, lifting the FTSE 100 Index from a low of more than 7.5 years, led by FTSE heavyweigh...
UK stocks rose, lifting the FTSE 100 Index from a low of more than 7.5 years, led by FTSE heavyweights Vodafone Group and BP. The FTSE 100 climbed 199.9 points, or 5.7%, to 3486.9 at close today, erasing yesterday's 4.8% slump. The FTSE 250 also rose by 18 points, or 0.5%, to 3,820. Stock markets have slumped with the prospects of war in Iraq. But with the FTSE 100 at a 7.5 year low, its no wonder investors saw their chance to sweep up cheap stocks. Vodafone climbed 8p to 108.5p, while BP rose 18.5p to 391.5p. The oil company said it bought back 9.8 million shares. ...
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