After starting the day down, the FTSE 100 index staged a comeback this afternoon, ending the week by...
After starting the day down, the FTSE 100 index staged a comeback this afternoon, ending the week by gaining 34.30 points to close at 3,889.20. More than 80 stocks made gains, led by WPP, which rose 15p to 400p after announcing a US acquisition related to its healthcare advertising business. GlaxoSmithKline ended co-operation with key competitor Merck over the development of a new drug, and saw its share price gain 30p to £12.25. Rio Tinto, the miner, saw its shares gain 20p to £12.34, despite forecasts by its chief executive that commodities prices are going to remain ...
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