Wednesday, May 11, 2011

FTSE rises to 1.28% to close

London- key stock markets increased significantly on Tuesday, as traders reacted positive Chinese data and company earnings set to, while also keeping an anxious eye on Greek debt problems.


Index FTSE 100 in London of the main shares gained 1.28% at the end of the day at 6,018.89 points.


Vodafone was most of the day traded stock, with shares of 127 million owners, followed by the Lloyds Banking Group, which has seen 96.9 million shares change hands of switching.


Investment Manager Schroders PLC has been the best performer of blue chip, jumped 93 pence--5,61% - to 1,750, followed by the InterContinental Hotels Group, which acquired 49 pence--3,92% - to 1,298.


The group, which holds the InterContinental, Crowne Plaza and Holiday Inn hotels chains, had earlier announced a jump of 28 per cent of net profits to $ 69 million (£ 42.2 million pounds) in the first quarter on strong growth in China and the United States.


Natural gas company BG Group was the worst performer of the day, fell 23 pence--1,6% - to put an end to the 1412.5. It was followed by investment vehicle resolution Ltd., which slipped 1.1 pence--0,37% - to 296.3.


The TSB 17.04, a pound was worth $1.6326 or 1.1372 euros.

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