Blackout not able to halt FTSE recovery

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The FTSE 100 index pushed into territory not seen for a year with a gain of 24 points to 4,262 despi...

The FTSE 100 index pushed into territory not seen for a year with a gain of 24 points to 4,262 despite last night's power blackout hitting vast swathes of the US and Canada. Some three-quarters of stocks in the index have made gains so far today as investors return to equities on the back of hopes of continued stronger US recovery. Johnson Matthey, the chemicals specialist, leads the gainers with a 31p hike to 955p, in the face of a strike at its main South African catalyst producing factory. Prudential has surged 11.25p to 429.75p. Vodafone is up 2p to 123.75p a...

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