FTSE closes in positive territory

The London market finished the week with a flourish today after gloomy economic data fuelled hopes for an early cut in interest rates.

Fri, 22 Aug, 2008 - 18:55

The London market finished the week with a flourish today after gloomy economic data fuelled hopes for an early cut in interest rates.

A strong start to trading on Wall Street added to earlier gains as the FTSE 100 Index closed 135.4 points higher at 5505.6, a rise of 2.5%.

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