FTSE recovery grinds to a halt

Drugs giant GlaxoSmithKline gave investors a headache today as the London market’s recent resurgence ground to a halt.

FTSE recovery grinds to a halt
Wed, 23 Oct, 2002 - 18:03

Drugs giant GlaxoSmithKline gave investors a headache today as the London market’s recent resurgence ground to a halt.

The FTSE 100 Index shed 112 points to end the day hanging on above the 4,000 barrier at 4006.9 as heavyweight stocks slipped back.

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CourtsFTSEPlace: USPlace: CorusPlace: Severn TrentPlace: British LandPerson: Martin DobsonOrganisation: FTSEOrganisation: GlaxosmithklineOrganisation: GlaxoOrganisation: FootsieOrganisation: NatWest StockbrokersOrganisation: AstraZenecaOrganisation: BarclaysOrganisation: HSBCOrganisation: Royal Bank of ScotlandOrganisation: Royal & Sun AllianceOrganisation: BPOrganisation: ShellOrganisation: IraqOrganisation: Canary WharfOrganisation: SafewayOrganisation: MatalanOrganisation: StagecoachOrganisation: Coach USAOrganisation: AmvescapOrganisation: Friends ProvidentOrganisation: Aviva
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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