Ftse Soars As Bailout Cash Flows

Daily PostJanuary 19, 2011

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Summary


THE FTSE 100 Index pushed to a new two-and-a-half year high yesterday, buoyed by reports that Europe's bailout fund may be enlarged.

The Footsie rallied more than 1% or 70.7 points to 6056.4 as banking and mining stocks recovered from yesterday's losses.

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Ftse Soars As Bailout Cash Flows

The market was boosted by talk that finance ministers from some of the richest nations in Europe had agreed to pump extra money into European S...

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