FTSE jumps from eight-month low to one-day rally

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UK stocks rallied from its dismal fall on Friday towards the highest one-day rally in eight months, ...

UK stocks rallied from its dismal fall on Friday towards the highest one-day rally in eight months, led mainly by GlaxoSmithKline, Vodafone Group and BP. William Hill helped to maintain the FTSE's positive stance as the bettings shop chain enjoyed its first day of trading. The FTSE 100 posted its biggest percentage advance in eight months, adding 126 points, or 2.7%, to 4756.8, with Glaxo, BP and Vodafone accounting for a two-fifths of the gain. GlaxoSmithKline fell within 4p of a 4 ½ year low on Friday, but today it was buoyant at £14.00, accompanied by BP, which also gained ...

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