In the UK the FTSE 100 Index has closed about 29 points higher at 4,849.30 points, led by Smiths Group.
The engineering firm is up 25.50p to 870p, driven by increased earnings estimates. Investment manager Amvescap has also added 8p to 316p, after it agreed to sell its contribution record-keeping unit to Merrill Lynch & Co. Shire Pharmaceuticals Group meanwhile, has fallen 20.50p to 539p, after a stock rating decrease from analysts who say its purchase of Transkaryotic Therapies will not take up its earnings. Morrison Supermarkets has also lost 2.25p to 202.75p. In the US after a record day yesterday, the Dow Jones Industrial Average has started in a negative mood, dropping about 29 p...
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