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FTSE advances to five-year high | FTSE advances to five-year high |
(20 minutes later) | |
London's blue-chip FTSE 100 stock index has risen to a five-year high, the latest global market to benefit from a wave of buying and earnings optimism. | London's blue-chip FTSE 100 stock index has risen to a five-year high, the latest global market to benefit from a wave of buying and earnings optimism. |
The FTSE-100 index rose to 6,143.5, its highest mark since February 2001, as strong commodity prices boosted demand for leading mining companies. | |
Wall Street has set several new highs over the past two weeks. | Wall Street has set several new highs over the past two weeks. |
The Dow Jones Industrial Average closed at its highest mark since 2000 this month, assisted by falling oil prices. | The Dow Jones Industrial Average closed at its highest mark since 2000 this month, assisted by falling oil prices. |
The FTSE closed above 6,000 earlier this month for the first time since May and has continued rising. | The FTSE closed above 6,000 earlier this month for the first time since May and has continued rising. |
Key markets around the world are bullish with India's Sensex index closing at a record high of 12,746.75 on Friday | Key markets around the world are bullish with India's Sensex index closing at a record high of 12,746.75 on Friday |
Just after midday, the FTSE was up 22.2 points at 6143.5. | Just after midday, the FTSE was up 22.2 points at 6143.5. |