British Airways sends FTSE soaring

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The FTSE 100 index has continued its strong performance this week as analysts have increased their share price forecasts on British Airways and Anglo American.

The UK blue chips stock index is up 66.6 points or 1.22% to 5,526.6 in early gains, after UBS raised the stock price estimate on British Airways from 350p to 380p. As a result, BA has climbed 9.5p or 3.02% to 324.25p. Anglo American, the world's second-largest mining company, has advanced 52p or 2.87% to 1,863p, after UBS also increased its share-price forecast by 14% to £21.00. Amvescap is currently top of the leaderboard though, with a rise of 15.5p or 3.99% to 403.75p, closely followed by Xstrata with gains of 52p or 3.83, to 1,409p. Early losers are headed by International Power,...

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