Footsie finally pulls out of nosedive

The FTSE 100 Index finally pulled out of its nosedive today as investors hunted down cheap stocks following recent heavy falls.

Footsie finally pulls out of nosedive

The FTSE 100 Index finally pulled out of its nosedive today as investors hunted down cheap stocks following recent heavy falls.

Beleaguered financial stocks led the rally as the Footsie reversed an earlier modest decline to gain 67 points at 3738.1 by lunchtime.

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