FTSE hits five-year high

THE British FTSE 100 Index yesterday rose to a five-year high. Corus Group Plc led gains after it agreed to sell most of its aluminum unit and reported better-than- expected profit.

FTSE hits five-year high
Fri, 17 Mar, 2006 - 00:00

Royal & Sun Alliance Insurance Group Plc, and BT Group Plc, climbed amid takeover speculation. Prudential Plc advanced after the insurer posed a 58% lift in earnings.

The FTSE 100 climbed 28.1 to 5993.2, the highest since March 8, 2001.

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CourtsOrganisation: FTSEOrganisation: Corus Group PLCOrganisation: Royal & Sun Alliance Insurance Group PlcOrganisation: BT Group plcOrganisation: Prudential PLC
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