The FTSE100 closed up 45 at 6,261 today after a strong performance from housing-related stocks including Persimmon (up 32.00) and Wolseley (up 33.50).
Retail names including Home Retail Group (which owns Argos) and Next also moved ahead.
The biggest falls came from miner Antofagasta which responded badly to copper price falls while Xstrata also dropped.
The US has made a slow start to the day with the Dow Jones down 38.75 at 12982.08 despite the release of better than anticipated productivity figures.
Walt Disney made the greatest gains up 3.05% on higher earnings figures for Q2 while computer firms Hewlett Packard and Microsoft are also in the top five. Financial companies including American Express and Bank of America are currently floundering.
Finance industry working to stop fraud
Partner Insight: Cathi Harrison, director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss how to stay on top of regulatory risk.
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