Life back in FTSE

London shares sparked into life today on the back of positive updates from two market heavyweights and takeover speculation in the logistics sector.

Life back in FTSE
Tue, 25 Jan, 2005 - 13:25

London shares sparked into life today on the back of positive updates from two market heavyweights and takeover speculation in the logistics sector.

Cable & Wireless and insurer Aviva led the way for most of the session after recent sales beat market expectations, but were then overtaken by logistics group Exel as traders anticipated bid interest from a US rival.

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