The FTSE is once again over the magic 6,000 mark as stocks including AMEC and ITV drive the index upwards.
A strong showing from the US also helped boosted the UK market with the index currently on 6006.40. ITV is one of the winners up 2.50 to 64.00 on the news its advertising outlook could be better than expected. International Power and Vedanta Resources are also in the top five list up 14.75 and 72.00 respectively. However, Friends Provident had a weaker start to the day down 1.20 to 134.20 on the news JC Flowers may back away from making an offer for the group. Lloyds TSB was also among the losers, down 4.00 to 442.25. In the US, the Dow Jones closed up 54 at 12,581 led by a strong ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
