FTSE rallies despite interest rate fears

The prospect of another interest rate rise next month failed to keep investors away from the London market today.

FTSE rallies despite interest rate fears
Fri, 23 Jul, 2004 - 12:36

The prospect of another interest rate rise next month failed to keep investors away from the London market today.

Bargain hunters looking for cheap stocks after yesterday’s 70-point fall kept the FTSE 100 Index above its opening mark, 23.9 higher at 4330.2 by mid-morning.

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