FTSE closes up after major gains

Punch Taverns saw the biggest gains, up 42 points, or 3.44%, to £12.62, closely followed by Home Retail, up 14.75, or 3.24%, to 469.75p. Lonmin shares added 3.13% to £43.10, while Antofagasta gained 2.87% to 646p, and Prudential shares rose 2.76% to 725p. These gains were offset by losses for British Energy Group, down 1.4% to 527p, Kelda Group, down 1.31% to 943p, and BG Group, down 0.9% to 824p. On Wall Street, the Dow Jones saw good early gains in a short day of trade, due to the July 4 holiday on Wednesday, up 41.95, or 0.31%, to 13,577.38. IBM shares made the biggest gains, up 1.61...