The FTSE 100 has closed 39.5 points, or 0.71%, higher at 5,587, as BAE Systems leapt on news of a UK/Saudi Arabia government tie-up.
The defence group, BAE systems, added 22.25p, or 6.4%, to 370p, while Rolls Royce also helped the advance with gains of 10p, or 2.45%, to 418.5p, as it benefited from news of a EUROJET Turbo consortium contract win worth €300m. Reuters also performed well, climbing 12p, or 2.94%, to 420.5p, closely followed by Hanson which advanced 15.5p, or 2.51%, to 632p. Compass topped the fallers, with a drop of 3.5p, or 1.59%, to 216.25p, on news of a shares placing, while United Utilities dropped 8.5p, or 1.24%, to 677p, after going ex-dividend. Meanwhile, shares in outdoor advertising group ...
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