Around the World's Markets: London

Click to follow
The Independent Online
FOOTSIE SCORED its third century in succession with a 130.9 points surge to 5,848.4, the highest since early August.

Lower interest rate hopes helped, but it was an outbreak of corporate action among Footsie shares which provided most of the impetus. The pounds 9.3bn BTR/Siebe deal and insurance group GRE's admission of possible bid action revived old-fashioned bid fever. BTR rose 38p to 133p and Siebe 28p to 243p. GRE jumped 42.5p to 350.5p. Derek Pain, page 23

Comments