Positive start to New Year for FTSE

Fresh optimism over economic recovery prospects ensured the London market started the new year in the same fashion it ended 2009.

Positive start to New Year for FTSE
Mon, 04 Jan, 2010 - 11:10

Fresh optimism over economic recovery prospects ensured the London market started the new year in the same fashion it ended 2009.

The FTSE 100 Index pushed to a 16-month high, climbing 33.2 points to 5446.1 by mid-morning as oil ticked above $80 a barrel and commodity-based stocks continued to show strength.

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