Bargain-hunters scoop up stocks as Footsie surges

BARGAIN-HUNTERS seized on cheap stocks yesterday as the FTSE 100 Index surged almost 100 points during a rare upbeat session.

With the top-flight index falling in 12 of its last 13 trading days, investors raided some of the worst-hit sectors looking for value.

Insurance and financial stocks proved particularly attractive as the Footsie closed 94.9 points higher at 3578.7.