Footsie closes at highest level for more than month

THE FTSE 100 Index closed at its highest level for more than a month yesterday after benefiting from a brighter showing on Wall Street.

Traders banished memories of Wednesday's 100-point fall to add nearly 4% to the value of the Footsie, which ended up 156.4 points at 4327.5.

The upturn reflected a strong session in New York, as executives across America complied with a government deadline and certified their financial results.