FTSE down despite Northern Rock shares soaring

Troubled mortgage bank Northern Rock enjoyed a rally today amid renewed speculation over the future of the lender.

FTSE down despite Northern Rock shares soaring
Mon, 08 Oct, 2007 - 12:19

Troubled mortgage bank Northern Rock enjoyed a rally today amid renewed speculation over the future of the lender.

In an otherwise quiet day for corporate or economic news, the FTSE 100 Index drifted 12.1 points lower to 6583.7.

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CourtsBusinessHeathrowPlace: United StatesOrganisation: FTSEOrganisation: Northern RockOrganisation: CitigroupOrganisation: Royal Bank of ScotlandOrganisation: ABN AmroOrganisation: Bear StearnsOrganisation: BarclaysOrganisation: ABNOrganisation: Carphone WarehouseOrganisation: SABMillerOrganisation: ScottishOrganisation: Newcastle
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