FTSE extends gains for second day

Professional Adviser
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Investor courage was boosted today after last night's reports of growing consumer confidence and hou...

Investor courage was boosted today after last night's reports of growing consumer confidence and housing starts in the US, helping the FTSE 100 index to a 79.50 points gain to 4,071.90 by the close. Cable & Wireless, which does a significant amount of business in the Americas, especially the Carribbean, added 6.25p to 98p. Amvescap, which recently was being linked to poor returns because of currency issues and the falling dollar, added 16.5p to 348p – it does a lot of business in the US. Pearson gained 25.25p to 557p after Moody's Investor Service raised its outlook on ...

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