Drugmakers boost FTSE

BRITISH stocks including AstraZeneca and GlaxoSmithkline rose as the drugmakers announced better-than-expected earnings.

Drugmakers boost FTSE
Fri, 29 Jul, 2005 - 01:00

The benchmark FTSE 100 Index gained for a second day, adding 6.70, to 5270.30.

AstraZeneca, Europe’s third-largest drugmaker, jumped 5.9%, to 2,487 after it named a new chief executive, David Brennan.

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CourtsPlace: EuropePerson: David BrennanOrganisation: AstraZenecaOrganisation: Glaxosmithkline
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