Reuters was the second best-performing stock on the FT-SE 100, gaining 9 per cent after the company gave an upbeat presentation of demand for its 3000 information product. The company has nearly 18,000 orders for the system since its launch last autumn and hopes to sell 30,000 units by the year end. Installations have been slow but analysts were reassured that the company would catch up with demand.
The worst-performing stock on the index was BRITISH AEROSPACE, which fell 3.8 per cent. The shares were affected after US company Boeing reported lower than expected earnings, fuelling concern about BAE's own prospects. Costs have risen as production has been stepped up to meet soaring demand for jetliners.Reuse content