The FTSE 100's near 50 point rise calmed down by midday to leave the market looking relatively flat, ...
The FTSE 100's near 50 point rise calmed down by midday to leave the market looking relatively flat, despite the positive outlook from investor sentiment that started the day. At midday, the FTSE 100 was up 16.2 points to 5579. Much of the FTSE 100's gain was inspired by a surge in the share price of mining group Billiton. Today's big news arrived after Billiton said it is to merge with Australian rival BHP. The deal sees the combined group as one of the top four world miners more able to compete with the big wigs in the industry. Billiton's shares grew 34.25p to 324.5p. News lifted ...
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