FTSE up for first time this week

The FTSE 100 Index was heading for its first positive finish this week after investors applauded figures from Royal & Sun Alliance.

FTSE up for first time this week
Thu, 12 May, 2005 - 12:37

The FTSE 100 Index was heading for its first positive finish this week after investors applauded figures from Royal & Sun Alliance.

R&SA doubled early gains to stand 6% ahead by mid-morning after first-quarter profits of £122m (€178.4m) beat expectations, helping the Footsie to power 27.2 points higher to 4902.6.

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