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Article: Constant trickle of positive news causes Footsie to breach 5000 [Edition 3]
- Article from:
- The Evening Standard (London, England)
- Article date:
- September 9, 2009
- Author:
CopyrightCopyright 2009 Evening Standard - London. Provided by ProQuest LLC. (Hide copyright information)
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ShareS on the London stock market soared again today, breaching
the 5000 level for the first time since September last year.
Sentiment was cheered by a steady trickle of positive corporate
news, including another big oil find for BG Group, up 36p at 1092p.
all the evidence suggests that we are over the worst of the
recession and a new wave of corporate takeovers may be on the way.
The FTSe 100 index briefly hit an intra-day high of 5001.51 before
paring back its lead to 44.84 at 4992.18.
Wall Street posted modest gains this afternoon with investors'
appetites tempered by news of a decline in weekly department-store
sales. The Dow Jones rose 23.81 to 9521.15.
among the star performers were ...