UK shares end year on high note
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The FTSE 100 gains 7.5% in value over 2004 in a year tainted by high oil prices and rising interest rates.
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THE share market finished sharply higher today, as resource giant BHP Billiton helped lead the market to a recovery from yesterday&#39;s falls.
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UK business investment rises sharply at the end of 2006, suggesting boardroom confidence about economic prospects.
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UK blue chips closed higher for the 11th session in the last 12, with oil companies gaining on a strong crude price, and Wall Street reacting calmly to US economic data.
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London equities moved higher in opening trade on Thursday, helped by buoyant financial stocks and a fresh set of bid talk.
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London equities made strong gains on Friday, as fresh bid activity energerised the mining sector and Wall Street took off after Microsoft made an offer for Yahoo.
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London shares made a good recovery on Thursday following a two-day losing streak, mirroring gains in both the US and Asia.
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Leading shares closed off earlier highs but still on a bullish note, as increased activity in mergers and acquisitions boosted stocks.
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European shares closed at 2-1/2 year highs Friday in the truncated final session before Christmas, led by gains in oil stocks such as BP.
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Britain's FTSE 100 index  rose 0.3 percent in early trading on Wednesday as European and Asian bourses swept to multi-year highs and as ICI  leapt more than 9 percent on a sale of one of its units.
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The FTSE 100 index of leading shares jumped 0.69 percent to 6,313.70 points in late morning trade on Thursday.
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Lonmin led the way as the FTSE 100 powered to its highest close in almost seven years on Friday.
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After ringing in the New Year, investors may now want to raise one last toast to 2004, as the stock market delivered a year-ending performance worth celebrating.
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Asia&#39;s biggest stock exchange finished its final day of trading for the year yesterday on a high note, with stocks rallying to cap a year, during which the benchmark gained 7.6 percent on hopes Japan&#39;s economy is on a rebound.
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Leading shares closed near session highs, and significantly back above the 6,200 level, with the Bank of England's decision to keep rates on hold and a resurgent mining sector helping to add stability following the recent turmoil in global markets.
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FOR the past two years, Asian stock markets have been high on the favoured list for Britainâs pension and life assurance funds. Asia, particularly China, has offered the double attraction of strong current
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London equities made strong gains on Friday,as fresh bid activity energerised the mining sector and Wall Street futures took off after Microsoft made an offer for Yahoo.