FTSE gains on Labour win

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A third successive term for prime minister Tony Blair and the Labour Party has helped to lift shares on the FTSE 100 by the end of the week.

By close of business on Friday, the benchmark FTSE 100 index was up 16.6 points or 0.34% to almost 4,919, led in the main by high street goods manufacturer Unilever. Unilever saw the best gains of the day, as it rose 13.5p or 2.62% to 529p while Anglo American earned 26p or 2.17% to £12.24. Its closest rival failed to monopolise on such positive moves, as Xstrata added just 9p or 0.96% to 951p and Antafagasto actually fell 7p or 0.6% to £11.55. Reed also gained 9p or 1.73% to 530p while Pearson added 11p or 1.71% to 654p. Incisive Media, the parent group of IFAonline, is a rival ...

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