Investor Optimism High After Trading Boost

The JournalOctober 07, 2009

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Summary


A STRONG session on Wall Street lifted investor optimism on both sides of the Atlantic, initiating a rally in UK shares and resulting in the FTSE 100 Index gaining 113.7 points to close at 5138.

This was underpinned by upbeat house price data from Halifax, which showed that UK house prices had risen for the third consecutive month in September and by solid earnings from Tesco.

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Extract


Investor Optimism High After Trading Boost

Tesco reported an 8.6% rise in profits in the half year, beating anal...

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