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Article: Beaten-down FTSE 100 is expected to rebound INVESTING
- Article from:
- International Herald Tribune
- Article date:
- February 22, 2008
- Author:
-
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Dominic Lau Reuters
International Herald Tribune
02-22-2008
Beaten-down FTSE 100 is expected to rebound INVESTING
Byline: Dominic Lau Reuters
Edition: 4
Section: FINANCE/BUSINESS
LONDON --
The FTSE 100, the laggard among major European indexes in recent years, looks set to turn the corner and reward investors buying beaten-down financial and retail stocks in Britain.
Some banks are advising clients to pick the FTSE 100 over the DAX in Germany, citing more accommodating monetary policy from the Bank of England than from the European Central Bank, a long period of underperformance and a weaker pound.
The FTSE 100 gained 64 percent from 2003 to 2007, while the CAC 40 in France rose 83 percent, ...
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