Around the World's Markets: London
SHARES closed slightly higher yesterday as takeover rumours in the banking and telecom sectors offset Wall Street's weak opening.
The FTSE-100 finished 14.4 higher at 6428.0, on low volume of less than a 1bn shares. A number of market players preferred to sit on the sidelines after Thursday's large gain. Profit-taking took the FTSE-250 7.8 lower to close at 5784.5. The Small Cap ended 13.9 higher at 2522.2, breaking its trading and closing records for 1999. Market Report, page 19
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies