Things were looking up on the FTSE today as the index finished up 25.2 points, or 0.42%, taking it to just below the 6,000 mark at 5,995.30.
Whilst Johnson Matthey, down 3.73%, and British Energy Group (-3.30) struggled, Home Retail, HBOS and Experian helped to haul the FTSE up slightly.
Home Retail rose 13.50p, or 5.66%, to 252p, making it the day’s biggest winner, while HBOS climbed to 358p, a 17.5p, or 5.14% increase.
Experian also had a good day, climbing 4.37% to 399.75. British Airways and RBS were close behind.
On Wall Street, the Dow Jones has made a positive early start in early trading, having climbed 1.03%, or 128 points, to 12,518.47 continuing the modest gains of yesterday.
Verizon Communications is today’s biggest winner so far, and has increased 1.8 points to 38.78.
Wal Mart and American Express have also made decent starts. Wal Mart has jumped up nearly 4% to 59.84, while Am Ex has climbed to 46.74, a rise of 2.41%.
Pfizer is struggling, having taken an early plunge of 1.38% to 18.54, while Caterpillar Inc and Boeing have also made hesitant starts, putting minor blips on a generally positive outlook for the Dow Jones.IFAonline
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