Rally Shortlived Despite Property Rumour

The JournalAugust 15, 2009

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Summary


AFTER a strong start yesterday, the FTSE 100 Index ended the day 41.5 points lower at 4714.0 after a key US indicator was released showing consumer confidence in early August had fallen more than expected.

However, it was not all bad news as the property sector received a boost following speculation about bid interest from Asia.

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Extract


Rally Shortlived Despite Property Rumour

Rumours were circulating in the City that an Asian consortium could...

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