A Booster for Footsie As Bears Collect Winnings ; Market Report

Evening Standard - London › November 21, 2008

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Summary

IT has been a good week for stock-market bears around the world. Today, they were cashing in their ill-gotten gains and squaring up their positions ahead of the weekend, enabling share prices to end the week on a steadier note.

Bear closing was attributed to the strong showing by shares in Asia this morning, which enabled Hong Kong and Tokyo to close higher despite near neighbour Singapore officially moving into recession.

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Extract

A Booster for Footsie As Bears Collect Winnings ; Market Report

London opened in similar vein with prices squeezed higher in thin trading.

The FTSE 100 index responded with a rise of 18.4 points to 3893.4. Even so, it remained 339.6 po...

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