The FTSE 100 failed to hold onto its afternoon high but still finished in positive territory. T...
The FTSE 100 failed to hold onto its afternoon high but still finished in positive territory. The index finished 10.7 points higher to 5149.2.
Insurer CGNU led the FTSE 100 gainers after it reported that sales increased to £739.7m in the three months ended Dec. 31 from £593.5m in the year-ago period. The stock advanced 37p to 873p.
Leading the FTSE 100 losers was Hilton Group after its stock fell 9p to 218p.
Over in the US, news that retailer Kmart has filed for bankruptcy protection depressed the market. On the upside Online retailer Amazon recorded its first ever net profit in the last three months of 2001.
At midday in the US, all the major indices were down, with the Dow Jones 2 points lower to 9769, the Standard & Poor's 500 down 3 to 1124. Semiconductor weakness sent the Nasdaq down 30 to 1899.
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