The FTSE 100 managed to close up a fraction on Tuesday, following yesterday's dismal fall to a 5½ ye...
The FTSE 100 managed to close up a fraction on Tuesday, following yesterday's dismal fall to a 5½ year low, as many of the big names rallied saled back up again. Vodafone and Aviva, the life insurance group, managed to pull the FTSE 100 up 27.4 points or 0.7% to 4021.9, having earlier in the day lost 3.4%, as Vodafone climbed 6.1% to 91.5p and Aviva gained 9.9% to 412p. GlaxoSmithKline may have contributed most of the losses as its rival Novartis has begun selling a cheaper version of Glaxo's $2 billion-a-year antibiotic in the US, impacting future earnings. But yesterday's s...
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