FTSE enjoys better fortunes

The London market staged a rally today as investors shrugged off recent economic concerns to pick up bargains following the recent heavy losses.

FTSE enjoys better fortunes
Tue, 31 Jul, 2007 - 18:36

The London market staged a rally today as investors shrugged off recent economic concerns to pick up bargains following the recent heavy losses.

Strong corporate results from Lloyds TSB and Taylor Wimpey helped boost the banking and housing sectors, while a firm opening in the US also added to the positive sentiment.

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