FTSE on the upward march

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Share trading has started well in the UK this morning, as the FTSE 100 Index had added 43.2 points to about 4784.7 after a slight recovery by the US dollar.

The benchmark index is paced by engineering group Tomkins, adding 6p to 254.75p. Barclays have also added 9p to 552.50p this morning along with money managers Man Group, picking up 25p to £14.89. Rentokil Initial,however, leads the drop sliding 1.25p to 153.25p. Stocks in Japan were lifted by steelmaker JFE Holdings on speculation the industry will raise its prices with ongoing global shortages. In Tokyo, the Nikkei 225 Stock Average index also added 1.3% to 10,977.89 points at close early Saturday morning. JFE picked up 1.7% to 2,975 yen, while Nippon Steel, Japans biggest steel ...

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