Late rally helps market bounce back

A late rally by the banking and energy sector has helped the market bounce back and end with its head above water.

Mon, 22 Jan, 2001 - 18:02

A late rally by the banking and energy sector has helped the market bounce back and end with its head above water.

Following renewed optimism of a cut in interest rates, banking stocks such as Standard Chartered and Amvescap rose by 43p to £10.84p and 44p to £15.60 respectively.

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