Nerves Are Steadied As Calm Returns to Footsie ; Market Report
Evening Standard - London › May 19, 2006
Linked as:
Summary
LONDON stocks marked the end of a volatile week with a period of calm, the FTSE 100 index rising just six points at 5677.6. Triple witching hour, the brief trading window for funds to square the outstanding futures and options on their books, was unusually quiet with dealers suggesting many hedge funds had been forced to close dangerous short positions earlier in the week.
After Wednesday's dramatic 170-point sell-off, shares stabilised with the heavyweight miners clawing back a little of their recent losses.See the full content of this document
Extract
Nerves Are Steadied As Calm Returns to Footsie ; Market Report
Xstrata climbed 44p to 2050p, Antofagastawas 42p ahead at 2050p and Kazakhmysmoved up 181/2p to 1113p.
Oil star Cairn Energywas back in demand, up 3...See the full content of this document
Sponsored links
