FTSE breaks 5400

The FTSE 100 Index broke through the 5400 barrier this morning as the takeover spotlight fell on the insurance and telecoms sector.

FTSE breaks 5400
Fri, 16 Sep, 2005 - 13:03

The FTSE 100 Index broke through the 5400 barrier this morning as the takeover spotlight fell on the insurance and telecoms sector.

Friends Provident was the highest riser as investors noted the move by French rival AXA to increase its stake in the company to 15% yesterday.

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CourtsBusinessHeathrowPlace: UKOrganisation: FTSEOrganisation: Friends ProvidentOrganisation: AxaOrganisation: FriendsOrganisation: FootsieOrganisation: O2Organisation: TelefonicaOrganisation: UnileverOrganisation: Rio TintoOrganisation: BHP BillitonOrganisation: MorrisonsOrganisation: KingfisherOrganisation: Chrysalis
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