FTSE back above 5500

Investors overcame the collapse of a potential multi-billion pound takeover today as the FTSE 100 Index pushed back above the 5500 barrier.

FTSE back above 5500
Tue, 22 Nov, 2005 - 11:37

Investors overcame the collapse of a potential multi-billion pound takeover today as the FTSE 100 Index pushed back above the 5500 barrier.

Stronger energy stocks, following a jump in the price of crude oil, contributed to the latest increase, which left the Footsie 15.2 points stronger at 5513.1 by mid-morning.

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