FTSE holds onto its position above 4,000 points

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The benchmark FTSE 100 is currently up 9.90 points to 4,016.80 as UK stocks commenced trading on a p...

The benchmark FTSE 100 is currently up 9.90 points to 4,016.80 as UK stocks commenced trading on a positive note. Pushing the FTSE further above the 4,000 mark is Severn Trent that gained 14.5p to 691.5p, and Northern Rock that rose 16.5p to 708p. Greene King climbed 19.5p to 814.5p. This comes after Britain's second-largest regional brewer announced fiscal 2003 profit increased with 9% to £47.2m. Serco Group advanced 4p to 172.5p after the company said it is positive of accomplish "double-digit" revenue growth in 2003. Vernalis Group gained 2.5p to 52p after r...

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