FTSE ends week strong

Cable and Wireless has added 5p to 141.50p, after analysts reiterated its buying status on its stock.

Scottish Power also advanced 13.75p to 478p, after analysts raised its stock rating, while Hanson upped 11.50p to 522p, after a "strong buy" rating from analysts.

Scottish & Newcastle meanwhile leads the drop, losing 8.25p to 473.75,after fears it may lose market share as InBev targets growth in the UK, especially for beers such as Leffe and Hoegaarden.

BskyB lost 9p to 525.50p, along with GlaxoSmithKline, also down 22p to 1354p.

In the US the Dow Jones has shed a couple to 10499.61 points, led by Intel.

The computer brand has shed $0.90 to $26.81, despite raising its second quarter revenue estimate for a second time, saying it would beat previous forecasts delivered in April.

Proctor & Gamble also declined $0.68 to $54.52.

At the other end of the scale, General Motors continues to climb, adding a further $2.58 to $34.39.

IFAonline

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