Bargain-hunters spark FTSE rally

Bargain-hunters sought out cheap banking stocks today and helped to spark a welcome rally by the FTSE 100 Index.

Bargain-hunters spark FTSE rally
Mon, 16 Dec, 2002 - 13:19

Bargain-hunters sought out cheap banking stocks today and helped to spark a welcome rally by the FTSE 100 Index.

By lunchtime the Footsie was up 61.2 points at 3939.3 after falling to a nine month low before the weekend.

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CourtsFTSEPlace: LondonPlace: VictoriaPerson: Steve RussellPerson: ChairmanPerson: John McGrathPerson: Robert WaltersOrganisation: FTSEOrganisation: FootsieOrganisation: Credit AgricoleOrganisation: Credit LyonnaisOrganisation: BarclaysOrganisation: Abbey NationalOrganisation: Lloyds TSBOrganisation: ShellOrganisation: Cable & WirelessOrganisation: Marks & SpencerOrganisation: ArgosOrganisation: MarconiOrganisation: National ExpressOrganisation: state government
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