The FTSE continued to make good progress today, adding a further 10 points to 5082.10 at its close, led by Associated British Foods.
The sugar manufacturer has added 18p to 806p, after analysts raised its share rating to 'buy' from 'neutral'. The European Commission has lobbied for cuts in the block's sugar price, to open up the world's second-biggest market for the sweetener. Analysts however, expect the cuts to be smaller than first expected. International Power has picked up 4p to 201.5p, while GlaxoSmitKline advanced 23p to 1360p. The drugmaker says it has partnered with the non-profit International Aids Vaccine Initiative to work on an Aids vaccine using new technology. Moreover, analysts reiterated a ``buy'' r...
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