FTSE looks to second day of gains

Professional Adviser
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Following a big 160 points gain by the Dow Jones Industrial Average index overnight, the FTSE 100 th...

Following a big 160 points gain by the Dow Jones Industrial Average index overnight, the FTSE 100 this morning continued its positive run started yesterday, gaining 16 points to 3,956, and again heading towards the important 4,000 level. Results continued to play their part in the recovery. British American Tobacco gained 4.5p to 600p after reporting a 3.5% rise in first quarter net income to £235m. Amvescap gained 7.5p to 347p even as analysts said its first quarter results due by midday would show a fall in profit. Friends Provident boosted the insurance sector...

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