FTSE rallies in early trading

Banks and retail stocks extended gains today as their post-interest rate cut rebound continued unabated.

FTSE rallies in early trading
Fri, 06 Feb, 2009 - 11:31

Banks and retail stocks extended gains today as their post-interest rate cut rebound continued unabated.

Lloyds Banking Group and Royal Bank of Scotland rose 6% higher, while retailers also made strong progress, with Currys and PC World parent DSG International soaring 17%.

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