FTSE 100 Index is beginning to pull away from its 5,000 points nemesis, profiting a further 10 points this morning to 5,054.80, led by Wolseley.
The plumbing and heating firm has picked up 24p to £11.62, along with Rentokil Initial, up 2.50p to 159.25p. Betting firm William Hill is enjoying a good ride on the back of the ongoing Royal Ascot horseracing spectacle, picking up 8p to 548p. On the losing end, Allied Domecq shed 14p to 678p, after US drinks firm Constellation Brands and its partners dropped its plan to bid for the spirits maker, clearing the way for an agreed $13.7bn offer from Pernod Ricard. Royal & Sun Alliance Insurance has also lost 1.5p to 82p, after reports Corvus Capital, the takeover vehicle of financier And...
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