The FTSE 100 index closed up 16 points at 4,428.90 today after more stocks made gains than losses as new lower prices attracted investors back to the market.
British Airways, a big loser yesterday, rebounded 11p to 280p. Man Group added 45p to 1,640p after a competitor listed on the Alternative Investment Market and jumped 50% in value on its first day of trading. Xstrata led the miners up by 10p to 699p as the sector in South Africa faced more risk of strikes by workers who have seen jobs go because of the strong rand. BG Group dropped 9.25p to 313.5p as weathermen predicted warmer temperatures across Europe in the next few days. Tobacco, big winner yesterday, dropped as investors exited highly defensive stocks. Imps dropped 15p ...
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