UK stocks bounce back after Worldcom's damage

Professional Adviser
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Big named UK stocks are rallying the FTSE this morning after the devastating slide to a nine-month l...

Big named UK stocks are rallying the FTSE this morning after the devastating slide to a nine-month low yesterday. Vodafone Group, GlaxoSmithKline and BP again all led the advances at this morning's open as the FTSE 100 added 1% to 4574 points, pulling back from the 2.2% lost in the panic over Worlcom. Vodafone rose 3p, or 3.5%, to 89.5p, having fallen 4.7% yesterday. while Glaxo jumped 25p, or 1.9%, to £13.78, paring yesterday's loss of 1.4% and BP, gained 3.5p to 538p after it lost 2% yesterday. Royal Bank of Scotland Group also climbed 32p, or 1.8%, to £18.40 after the UK's...

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