FTSE soars for second day

Ferrexpo shares made the day’s biggest gains rising 31 (11.73%) to 295.25p, while the Admiral Group gained 89, up 10.79% to 914p. Rexam, Aviva and Vedanta Resources also had a positive day. However, Lloyds TSB was London’s biggest loser as profits plunged earlier in the day. Shares dipped by 15, down 4.67% to 306p. Drax followed, down 14 (1.91%) to 719p. GlaxoSmithKline, Morrison Supermarkets and Smiths Group also saw losses. Wall Street started well, gaining 116.84 points (1.03%) to 11514.40 The top winner so far is Chevron, with a 3.16% gain, or 2.62 to 85.46. Alcoa is also ...