FTSE pushed up by bank stocks

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The FTSE 100 index ended the day up 50.10 points at 4,271.70 pushed ahead by strong gains in the ban...

The FTSE 100 index ended the day up 50.10 points at 4,271.70 pushed ahead by strong gains in the banking sector despite a shaky start to the day. At one point this morning the index was down 30 points on yesterday's close, but a strong start to trading in New York this afternoon ahead of an interest rate decision by the US Federal Reserve encouraged investors back into London's market. Kingfisher advanced 7.5p to 199p to lead the FTSE gainers following yesterday's news that a director bought 18,000 shares. Mobile phone company MmO2 also staged a rally, gaining 1.5p to 43p. ...

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