FTSE piles on 431 points

The FTSE 100 Index roared to its biggest-ever one-day gain today as hopes of a solution to the crisis gripping the financial system sent shares soaring.

FTSE piles on 431 points
Fri, 19 Sep, 2008 - 18:33

The FTSE 100 Index roared to its biggest-ever one-day gain today as hopes of a solution to the crisis gripping the financial system sent shares soaring.

The Footsie piled on 431.3 points to 5311.3 at the close – a mammoth 8.8% - adding around £103 billion to the value of the index.

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