Retail and telecoms sectors push FTSE forward

Optimism returned to the retail sector and telecoms stocks were in demand as the London market wrapped up a third consecutive session of gains today.

Retail and telecoms sectors push FTSE forward
Thu, 19 May, 2005 - 18:43

Optimism returned to the retail sector and telecoms stocks were in demand as the London market wrapped up a third consecutive session of gains today.

Heavyweight firms such as BT and Boots featured high among the risers on a busy day for corporate news as the FTSE 100 Index powered 13.3 points ahead to 4962.7 at the close.

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