FTSE performs better and Hong Kong elections lifts market

Compass had a bad time on the FTSE 100 last week, as it reported costs were rising, so its share price dropped. This week, it has shifted in the other direction, and is now up 3p or 1.3% to 233.5p. As a result, the FTSE 100 index is up 14.5 points or 0.3% to 4559.5. Vodafone shares – the largest by volume on the index – are also up 1p or 1.3% to 133.5p after Merrill Lynch advised clients to buy more shares. GlaxoSmithKline is also up 17p to 1.5% to £11.64, however, its rival AstraZeneca is down 150p or 6.2% to £23.00 after the US Food and Drug Administration advisory panel rejected...