Bright start for FTSE as sugar firm prices go sour

Concerns over Tate & Lyle failed to overshadow a bright start for the London market today.

Bright start for FTSE as sugar firm prices go sour
Wed, 23 May, 2007 - 12:24

Concerns over Tate & Lyle failed to overshadow a bright start for the London market today.

The sugar and starch group fell nearly 7%, or 43.5p to 601.5p, as the firm warned over continued oversupply in the EU sugar market and the prospect of modest growth for sweetener Splenda.

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CourtsBusinessHeathrowPlace: LondonPlace: EUPlace: UKOrganisation: FTSEOrganisation: Tate & LyleOrganisation: SplendaOrganisation: DraxOrganisation: United UtilitiesOrganisation: VodafoneOrganisation: ExperianOrganisation: FootsieOrganisation: IcapOrganisation: UnileverOrganisation: ArgosOrganisation: Home Retail GroupOrganisation: CometOrganisation: Kesa ElectricalsOrganisation: DurexOrganisation: SSL InternationalOrganisation: Credit Suisse
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