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Article: High street duo lead gains amid services growth; MARKETREPORT.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Retail bellwethers Next and Marks & Spencer led strong gains on London's blue chip share index yesterday as economic and corporate news buoyed stocks.
Reassuring updates on trading from the two high street giants added to data showing growth in the all-important services sectors in the UK and United States.
TheFTSE100Indexclosedup 70.7 points at 5107.9, having surged about 80 points higher at one stage, asWall Street also responded well to the data. ...