FTSE up almost 2% at close

Investors were lured back into the market today by hopes of further stimulus measures in China and optimism ahead of a key EU summit.

The FTSE 100 Index lost £80bn (€99bn) in last week’s turmoil but has since attracted a flurry of buying interest, with bargain hunters helping the top flight close nearly 2% or 98.8 points higher at 5403.3 today.