Footsie down on US technology forecasts

Gains by drugs stocks were not enough to tempt investors into the wider London market today as a slump in global indices took its toll.

Footsie down on US technology forecasts
Fri, 15 Apr, 2005 - 12:44

Gains by drugs stocks were not enough to tempt investors into the wider London market today as a slump in global indices took its toll.

Pharmaceutical giants GlaxoSmithKline and AstraZeneca were the biggest top-flight climbers, up 22p and 35p to 1275p and 2276p respectively, after a court ruling that the patent on one of US counterpart Eli Lilly’s drugs was valid.

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CourtsBusinessHeathrowPlace: USPlace: LondonPlace: New YorkPlace: AntofagastaPlace: RussiaOrganisation: GlaxosmithklineOrganisation: AstraZenecaOrganisation: Eli LillyOrganisation: IBMOrganisation: AppleOrganisation: Sage GroupOrganisation: FootsieOrganisation: CorusOrganisation: BHP BillitonOrganisation: DixonsOrganisation: EldoradoOrganisation: Highbury House CommunicationsOrganisation: FutureOrganisation: United Business MediaOrganisation: NOP WorldOrganisation: GfK
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