City Marketreport

Western MailApril 13, 2010

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Summary


RETAIL stocks pushed the FTSE 100 Index higher yesterday as takeover speculation surrounded Argos owner Home Retail Group.

Talk of a potential bid by supermarket chain Asda - whose chief executive Andy Bond is moving to a part-time chairman role - saw Home Retail's shares top the risers' board, adding 13.8p to 294.2p or 5%.

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City Marketreport

The wider Footsie closed 6.7 points higher at 5777.7 after briefly climbing above 5800 on news of a Greek...

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