FTSE reverses downward trend

The London market reversed three consecutive sessions of losses today and quashed fears the FTSE 100 Index was heading for a new eight-month low.

Tue, 20 Jul, 2004 - 19:20

The London market reversed three consecutive sessions of losses today and quashed fears the FTSE 100 Index was heading for a new eight-month low.

The Footsie closed 18.3 points up at 4339.4 after receiving a significant boost from pharmaceutical companies.

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