Disappointing corporate news dampens FTSE rally

Hopes that the FTSE 100 Index would extend its recent rally were fading today as corporate news disappointed investors.

Disappointing corporate news dampens FTSE rally
Wed, 03 Aug, 2005 - 12:56

Hopes that the FTSE 100 Index would extend its recent rally were fading today as corporate news disappointed investors.

Broadcaster BSkyB and brickmaker Hanson were among stocks under pressure as the market pulled back from a three-year high amid a wave of profit-taking.

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