Around the World's Markets: London

Wednesday 18 August 1999 23:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

LEADING SHARES ended moderately higher but lost earlier intraday highs as Wall Street retreated from near record levels. The FTSE 100 ended 35.4 points or 0.57 per cent higher at 6,201.8.

Pharmaceutical stocks helped lead the advance with SmithKline Beecham lifted 2.9 per cent as Lehman Brothers added the drug stock to its global recommended list of preferred stocks. Dealers said it was high time the UK market responded to Wall Street's recent strength.

Market report, page 19

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Around the World's Markets: London

Join our commenting forum

Thank you for registering