FTSE hits four month high

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The FTSE 100 continued its upward surge this afternoon, gaining 100.83 points, or 2.38%, to 4,344.05 as of 3pm.

London's benchmark blue-chip index saw the best performance from both miners and banks, with British Airways joining the leader's board. Vedanta Resources rose 12.39% to £12.70, while Royal Bank of Scotland gained 11.36% to sit at 49p. BA meanwhile, jumped 11.49% to 165p as signs the swine flu pandemic may not be as bad as people had initially predicted last week. Companies falling this afternoon include Home Retail Group and Sage, along with earlier loser Scottish and Southern Energy. While the former, owner of Argos and Homebase, slipped 2.71% to 251p, software giant Sage dropped...

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