This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-32896333
The article has changed 3 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
FTSE 100 ends the day strongly on hopes of Greek deal | |
(about 5 hours later) | |
(Close): The FTSE 100 ended the day up 84.34 points, or 1.21%, at 7,033.33, after hopes rose of an agreement between Greece and its creditors. | |
Irish cement company CRH was the FTSE's biggest riser after it was announced the firm will buy assets from France's Lafarge and Switzerland's Holcim following the merger between the two. | |
It rose 3.55%. | |
Shares in British Airways owner IAG rose 3.21% as the group moved closer to a takeover of Irish carrier Aer Lingus. | |
On Tuesday, the Irish government agreed to sell its 25% Aer Lingus stake to IAG, removing a major hurdle to the deal. | |
Shares in Imperial Tobacco rose 3.32% after the firm moved closer to the purchase of four US cigarette brands. | |
Imperial is set to buy the Winston, Kool, Salem and Maverick brands, following US firm Reynolds American's takeover of rival Lorillard. | Imperial is set to buy the Winston, Kool, Salem and Maverick brands, following US firm Reynolds American's takeover of rival Lorillard. |
The takeover has been cleared by regulators on condition that the two US firms sell the four brands. | The takeover has been cleared by regulators on condition that the two US firms sell the four brands. |
Other risers included equipment rental company Ashtead, up 2.79%, and power network company National Grid, up 2.6%. | |
The FTSE 100's biggest faller was mining and commodities giant Glencore, down 1.04%. | |
In the FTSE 250, shares in De La Rue fell 8.94% after the banknote printer reported a drop in profits and slashed its dividend. | |
Underlying operating profit for the year to 28 March fell to £69.5m from £89.3m a year earlier, and the banknote printer cut its dividend by 40%. | Underlying operating profit for the year to 28 March fell to £69.5m from £89.3m a year earlier, and the banknote printer cut its dividend by 40%. |
On the currency markets, the pound fell 0.37% against the dollar to $1.5328, and was down 0.49% against the euro at €1.4074. |