FTSE up 1% in morning trading

The London market got a much-needed boost today after mining and financial stocks pulled out of their recent tailspin.

FTSE up 1% in morning trading
Fri, 21 Nov, 2008 - 11:20

The London market got a much-needed boost today after mining and financial stocks pulled out of their recent tailspin.

There had been fears of another slump for the FTSE 100 Index after the Dow Jones Industrial Average closed more than 5% lower on global recession and deflation fears.

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