FTSE breaks 4,600 again

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A third day of gains has helped the FTSE break back over the 4,600 level for only the second time since summer of 2002, with a 13 points gain to 4,601 on the back of improved output figures from France, the second economy in the eurozone.

BAE Systems is up 7.25p to 229.25p after publication of a letter by the German government leaning on its UK counterpart to finalise an order for Eurofighter jets, of which BAE is the main contractor. MmO2 is up 2.5p to 98.25p after raising its earnings outlook for the second time in three months. Rolls Royce is up 4p to 255p after issuing a trading statement describing order intake as ‘strong’. Boots is down 15p to 646.5p after announcing profitability slipped in its first half because of price competition with supermarkets such as Tesco. BHP Billiton is down 6.5p to 587p, with ...

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