Fightback for FTSE

The FTSE 100 Index broke a four-day losing streak today after US bank Wells Fargo gave the sector a surprise lift with forecast-beating results.

Fightback for FTSE
Thu, 09 Apr, 2009 - 17:55

The FTSE 100 Index broke a four-day losing streak today after US bank Wells Fargo gave the sector a surprise lift with forecast-beating results.

The news helped bank shares gain ground across the board, while in the UK, Barclays gained a fillip after confirming the £3bn (€3.3bn) sale of its iShares business.

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CourtsBusinessFTSEPlace: UKPlace: LondonPlace: IrelandPerson: Taylor WimpeyEvent: Easter holidayEvent: iSharesOrganisation: FTSEOrganisation: Wells FargoOrganisation: BarclaysOrganisation: Wall StreetOrganisation: Bank of EnglandOrganisation: Royal Bank of ScotlandOrganisation: Lloyds Banking GroupOrganisation: HSBCOrganisation: Vedanta ResourcesOrganisation: VedantaOrganisation: Eurasian Natural ResourcesOrganisation: PetrofacOrganisation: AMECOrganisation: Cairn EnergyOrganisation: Imperial TobaccoOrganisation: HaysOrganisation: Panmure GordonOrganisation: MisysOrganisation: Barratt DevelopmentsOrganisation: RedrowOrganisation: FootsieOrganisation: RBSOrganisation: LloydsOrganisation: CadburyOrganisation: Associated British FoodsOrganisation: Morrisons
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