FTSE in positive terrority

Investors shrugged off more gloom in the retail sector to keep the London market in positive territory today.

Tue, 10 May, 2005 - 12:35

Investors shrugged off more gloom in the retail sector to keep the London market in positive territory today.

Optimism at fresh takeover activity and upbeat earnings numbers across the Atlantic outweighed disappointment at a survey which found that UK retail sales fell to their lowest level for 10 years last month.

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