Strong gains for FTSE

The London market advanced by more than 1% today as heavyweight mining and banking stocks enjoyed a positive session.

Strong gains for FTSE

The London market advanced by more than 1% today as heavyweight mining and banking stocks enjoyed a positive session.

The FTSE 100 Index was buoyed by soaring metal prices, while banking giants Goldman Sachs and HSBC pleased investors after their exposure to America's sub-prime mortgage crisis came within market expectations.

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