In the UK the FTSE recovered from a series of ‘dummy bomb' explosions at three tube stations throughout London, to close the day 6.40 points higher to 5221.60.
As news of the explosions began to filter through, the London Benchmark leaked close to 50 points, shortly after lunch. Building materials business, BPB leads gains at the end of today climbing as much as 136p or 26.5% to 648.5p, after French based firm Saint-Gobain, Europe's biggest distributor of building materials, said it may make a cash bid for BPB. Reckitt Benckiser, a manufacturer of household cleaning products advanced 55p to 1681p, after a ‘buy’ stock upgrade from analysts. Standard Chartered is also 35p higher to 1140p. Amvescap again led the fallers, down 9.25p to 401p, a...
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