The FTSE 100 index closed up 37.10 points at 4,150.10 today, reversing two days of losses as the ind...
The FTSE 100 index closed up 37.10 points at 4,150.10 today, reversing two days of losses as the index welcomed new members following the quarterly review.
Royal Bank of Scotland led the gainers after announcing a £1.1bn bid for Churchill Insurance, which is expected to contribute to earnings almost immediately – shares gained 101p to £17.22.
Marks & Spencer added 11.5p to 294.75p after announcing it is to open motorway stores.
Concerns that Granada might be forced to postpone a merger with Carlton Communications sent its shares down 3.25p to 84p.
The FTSE 250 index gained 15 points to 4,997.6.
SSL, the medical supplies maker, jumped 32.5p to 287.5p on rumours it is the target of a takeover bid.
Premier Farnell dropped 7.5p to 214p after saying trading in the US market was "weak".
Markets in the US have opened up again today.
The Dow Jones Industrial Average index is up 35 points to 9,090, and the S&P 500 index is up 2 points to 986.
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