FTSE enjoys surge

Interest rate cut hopes and a smaller-than-expected contraction in the US economy helped the London market consolidate recent gains today.

FTSE enjoys surge
Thu, 30 Oct, 2008 - 19:49

Interest rate cut hopes and a smaller-than-expected contraction in the US economy helped the London market consolidate recent gains today.

The FTSE 100 Index closed up 49.1 points at 4291.7 having surged around 400 points in the previous two sessions.

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