FTSE responds positively to G20 agreement

A surge of optimism pushed the FTSE 100 Index up more than 4% today after positive financial news combined with an agreement by world leaders aimed at combating the global economic crisis.

FTSE responds positively to G20 agreement
Thu, 02 Apr, 2009 - 19:28

A surge of optimism pushed the FTSE 100 Index up more than 4% today after positive financial news combined with an agreement by world leaders aimed at combating the global economic crisis.

As the G20 Summit announced a deal to make 1 trillion US dollars (€742bn) available to the world economy through the International Monetary Fund and World Bank the Footsie closed up 169.4 points at 4125.

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CourtsBusinessFTSEPlace: LondonPlace: AtlanticPerson: Taylor WimpeyEvent: G20 SummitOrganisation: FTSEOrganisation: International Monetary FundOrganisation: World BankOrganisation: FootsieOrganisation: Wall StreetOrganisation: Financial Accounting Standards BoardOrganisation: NationwideOrganisation: Bank of EnglandOrganisation: CitigroupOrganisation: Eurasian Natural ResourcesOrganisation: Vedanta ResourcesOrganisation: Royal Bank of ScotlandOrganisation: HSBCOrganisation: Lloyds Banking GroupOrganisation: Barratt DevelopmentsOrganisation: RedrowOrganisation: MothercareOrganisation: KazakhmysOrganisation: Man GroupOrganisation: Randgold ResourcesOrganisation: FresnilloOrganisation: PennonOrganisation: Centrica
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