FTSE recovers early losses

Mining and banking stocks helped London’s leading shares bounce back today from the shock of Thursday’s interest rate hike.

FTSE recovers early losses
Fri, 04 Aug, 2006 - 19:24

Mining and banking stocks helped London’s leading shares bounce back today from the shock of Thursday’s interest rate hike.

The FTSE 100 Index plummeted 93.7 points on the back of the Bank of England’s decision, but managed to claw back 51 points to finish the week at 5889.4.

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