FTSE 100 scores highest close since May
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The FTSE 100 has recorded its highest close in four months, extending a recent winning streak to 11 gains out of the last 12 sessions, with fund managers and other financial shares setting the pace.
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The FTSE 100 index ended in positive territory after it was boosted by ongoing merger hopes and a strengthing in the utilities sector.
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The FTSE was trading higher on Thursday afternoon despite a sharply lower open on Wall Street.
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The FTSE 100 index closed higher again, ending the last full session before Christmas at a five-week high, supported by a positive morning on Wall Street and gains by blue-chip heavyweights Shell and mmO2, dealers said.
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Leading shares closed in positive territory on the back of strong earnings news from Tesco and a rally in mining and oil stocks.
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Stocks rallied early Wednesday afternoon, with the Dow Jones industrial average hitting a new record trading high, after closing at its best level ever on Tuesday.
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UK blue chips closed higher, just off the late afternoon peak after rallying from earlier falls in tandem with an jump on Wall Street as the latest weekly US jobless claims numbers eased worries over the health of the world&#39;s largest economy.
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The FTSE 100 ended the week on a positive note thanks to a powerful performance from the heavyweight oil sector.
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The FTSE closed at its highest level for three weeks on Friday as investors sought to put a turbulent August behind them.
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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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Carphone Warehouse spearheaded the advance in which the FTSE 100 bounced back from a 150-point loss to close higher on Thursday.
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UK blue chips closed higher, reflecting a strong start on Wall Street and ahead of the Independence Day holiday, with investors shrugging of nerves ahead of Thursday&#39;s UK interest rate decision.
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UK blue-chips closed up Friday but off highs as Wall Street remained firmer, with Kingfisher gaining among UK blue chips.
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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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Europe's main stock markets have risen in initial trading, with London's FTSE 100 climbing to the highest level since late 2000 on takeover speculation in the mining sector.
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Stocks rallied strongly in the US last night, with both the Dow and the Nasdaq at their highest for months. The Dow Jones Industrial Average closed above its end 2003 level for the first time in more than four months.
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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.