FTSE in good spirits

News of a tie-up between miner Rio Tinto and Canadian aluminium firm Alcan put the London market in positive spirits today.

FTSE in good spirits
Thu, 12 Jul, 2007 - 19:00

News of a tie-up between miner Rio Tinto and Canadian aluminium firm Alcan put the London market in positive spirits today.

The deal saw heavily weighted miners on the front foot amid hopes for further consolidation in the sector, which helped propel blue chip stocks ahead.

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