FTSE 100 rides high amid good results and merger talks
The FTSE 100 index closed higher for a fifth successive day yesterday, ending the week up by 6% – its best weekly since January – as oil stocks, miners and banks helped the benchmark index to close at 4,388.75 points.
Sentiment was spurred by better-than-expected results from big American banks, such as Goldman Sachs and JPMorgan, raising hopes among investors for a recover in the stricken financial sector
Financial Times 18/07/09 page 14, Daily Telegraph 18/07/09 page 33, The Times Business 18/07/09 page 48, The Guardian 18/07/09 page 34, The Independent 18/07/09 page 15
The FTSE 100 index closed higher for a fifth successive day yesterday, ending the week up by 6% – its best weekly since January – as oil stocks, miners and banks helped the benchmark index to close at 4,388.75 points. Sentiment was spurred by better-than-expected results from big American banks, such as Goldman Sachs and JPMorgan, raising hopes among investors for a recover in the stricken financial sectorFinancial Times 18/07/09 page 14, Daily Telegraph 18/07/09 page 33, The Times Business 18/07/09 page 48, The Guardian 18/07/09 page 34, The Independent 18/07/09 page 15
