FTSE hits 30-month high

The FTSE 100 Index showed no signs of losing its recent strength today as takeover speculation drove it to a new two-and-a-half year high.

FTSE hits 30-month high
Fri, 04 Feb, 2005 - 17:12

The FTSE 100 Index showed no signs of losing its recent strength today as takeover speculation drove it to a new two-and-a-half year high.

Drinks group Allied Domecq was in the spotlight on the back of media reports that it was the top target of French group Pernod Ricard, finishing the session 5% higher.

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