The FTSE 100 closed above 6,700 for the first time since mid-July today, finishing the Thursday session up 91.5 points, or 1.38%, to 6724.5.
Vedanta Resources led a strong day for the miners, closing 127 points up, or 5.8%, to 2317. Vodafone leaped on speculation its boss Arun Sarin is on his way out, the mobile telecommunications giant finished on 179.5, a jump of 8.5 points, or 4.97%. High oil prices gave BG Group a boost; it closed the day 40 points higher, or 4.74%, to 883. Northern Rock corrected somewhat today after the amazing gain of yesterday, it finished the session 15.5 points lower, or 5.67%, to 258. Taylor Wimpey and Persimmon also lost considerable ground, falling 4.28% to 290.75 points and 4.02% to 100...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
