AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Business And Finance (Market Report- London): Tesco bid for T&S drives its shares ahead by over 20 - FTSE 250: 4,388.0 (+21.5); FTSE SmallCap: 1,784.6 (+0.2).
(From The Irish Times)
London's stock market staged a determined rally yesterday, picking itself up after the fearful battering it suffered in the wake of Tuesday's grim US Conference Board consumer confidence survey.
The FTSE 100's rally gathered momentum towards the close and pushed the index back through the psychologically important 4,000 in the dying seconds of the trading session. It closed 66.8 firmer at 4,002.7. The FTSE 250 index, on the other hand, was never troubled on the downside, finishing a net 21.5 up at 4,388.0, after 4,393.0, and was always in good heart, in the wake of the surprise Tesco bid for T & S Stores, which boosted the latter's …
