Tobacco stocks shore up FTSE surge

Tobacco stocks provided the spark for the FTSE Index 100 Index to press back towards the 4500 barrier today.

Tobacco stocks shore up FTSE surge
Wed, 23 Jun, 2004 - 19:03

Tobacco stocks provided the spark for the FTSE Index 100 Index to press back towards the 4500 barrier today.

News of a breakthrough in British American Tobacco’s US merger plans drove the stock to the top of the risers board and helped the Footsie close 18.2 points higher at 4486.7.

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CourtsBusinessHeathrowPlace: USPlace: LondonPerson: RJ ReynoldsPerson: WH SmithOrganisation: FootsieOrganisation: Bank of EnglandOrganisation: VodafoneOrganisation: BATOrganisation: Federal Trade CommissionOrganisation: Brown & JacksonOrganisation: Imperial TobaccoOrganisation: GallaherOrganisation: ITVOrganisation: ITV2Organisation: DixonsOrganisation: 3iOrganisation: StagecoachOrganisation: PermiraOrganisation: P&OOrganisation: SABMillerOrganisation: 3i GroupOrganisation: Man GroupOrganisation: Capita GroupOrganisation: RentokilOrganisation: Land Securities
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