FTSE pushes 4,000 level

Shares moved to a three-month high today as the FTSE approached the 4,000 points level this morning before profit-taking pushed the index back to a gain of 48.80 points at its close of 3,966.5. Reuters, one of the worst performers this year so far, today led the gainers with a 8.75p rise to 128.25p. Hilton Group, another company caught out by the economic chill of a downturn in business travel, saw its shares rise 10.5p to 156.5p. Schroders faced down a threatened shareholder revolt over the level of pay to its top executives, and said all motions were passed at its ann...