Banking Stocks in Positive Territory As Hilton Group Tops Footsie Risers Board

Western MailApril 21, 2004

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Summary


Hopes of a delay to interest rate rises and a strong performance from financial stocks drove London shares higher yesterday.

A surprise 0.2% fall in the annual rate of inflation spurred positive sentiment as the FTSE 100 Index advanced 22.8 points to 4569.0 at the close.

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Extract


Banking Stocks in Positive Territory As Hilton Group Tops Footsie Risers Board

With inflationary pressures easing, the pound softened against the US dollar to provide exporters with light relief at a time when a ...

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