DIY firm pushes Footsie higher

DIY firm Kingfisher led the FTSE 100 Index higher today as renewed bid speculation caused investors to pile into its shares.

DIY firm pushes Footsie higher
Thu, 14 Jul, 2005 - 12:33

DIY firm Kingfisher led the FTSE 100 Index higher today as renewed bid speculation caused investors to pile into its shares.

The stock lifted 3% or 7.5p to 255p amid rumours that Build Center chain Wolseley was interested in its B&Q business.

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CourtsBusinessHeathrowPlace: AtlanticPlace: New YorkPlace: LondonOrganisation: FootsieOrganisation: KingfisherOrganisation: BuildOrganisation: WolseleyOrganisation: CompassOrganisation: Smith BarneyOrganisation: Standard CharteredOrganisation: Credit Suisse First BostonOrganisation: ShellOrganisation: Bovis HomesOrganisation: RedrowOrganisation: McCarthyOrganisation: WestburyOrganisation: MyTravelOrganisation: City watchdogOrganisation: FSA
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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