After adding 42.70 points today the FTSE 100 index closed at 4,502, its best showing since late June.
A 200 points gain over the past three weeks has helped the index reverse a steep collapse of confidence sparked by oil price fears.
Land Securities jumped 40p to 1,190p after analysts at Cazenove said the company’s Trilium services outfit was undervalued by the market.
British Land followed suit, adding 17p to 736.5p.
Oil majors followed gains in forward oil prices on the futures market, adding market capitalisation value on another note suggesting oil company share prices still lag oil price gains.
BP closed up10.75p at 503.5p.
Shell gained 4.5p to 410p.
Supermarkets have been hurt by yesterday’s downgrading of Sainsbury by ratings agency Moody’s Investor Service, based on its reading of price deflation caused by competition.
Sainsbury lost 2.25p to 258p today.
Tesco shed 2.5p to 263.5p.
William Hill shed 5.5p to 538p after the government announced the arrest of jockeys and trainers following an investigation into horse race fixing.
In New York shares are relatively unchanged today, with the Dow Jones Industrial Average index currently down about 2 points to 10,171.IFAonline
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