FTSE struggles for direction

Strong gains by steel maker Corus were offset by a bout of profit taking as the FTSE 100 Index struggled for direction today.

FTSE struggles for direction
Tue, 21 Mar, 2006 - 17:56

Strong gains by steel maker Corus were offset by a bout of profit taking as the FTSE 100 Index struggled for direction today.

Shares in former British Steel group Corus soared 11% to their highest level for more than five years amid reports it had held merger talks with Russian rival Evraz.

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CourtsBusinessHeathrowPlace: LondonPlace: RussiaPlace: AntofagastaPlace: USPerson: David JonesPerson: Mitch GarberOrganisation: FTSEOrganisation: CorusOrganisation: British SteelOrganisation: EvrazOrganisation: FootsieOrganisation: CMC MarketsOrganisation: Mittal SteelOrganisation: ArcelorOrganisation: B&QOrganisation: KingfisherOrganisation: PartyGamingOrganisation: PartyPokerOrganisation: 888 HoldingsOrganisation: BHP BillitonOrganisation: Rio TintoOrganisation: XstrataOrganisation: PrudentialOrganisation: Norwich UnionOrganisation: AvivaOrganisation: PruOrganisation: PersimmonOrganisation: WolseleyOrganisation: Cable &Organisation: British AirwaysOrganisation: British Energy GroupOrganisation: Marks & Spencer
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