Catalyst drives FTSE

Analysts at UBS upped their target share price to £18 and rated the stock a ‘buy’, helping it add 70p, or more than 4.6% to £15.62. Weightings are also helping, with BP adding 7p to 542p, and Shell ‘B’ shares’ 4p gain to £17.11 countering the ‘A’ shares 1p drop to £17.19. Property continues to attract. Land Securities is up 18p to £22.43, and British Land is up 13p to £16.56. Slough Estates, another company converted to Reit status is up 6p to 782.5p. Doing less well is GlaxoSmithKline, which is down 14p to £14.06. Shire, another pharmaceuticals provider, is down 9p to £10.67. B...