Sighs of Relief As the Footsie Stages Revival ; Market Round-Up

Evening Standard - London › March 01, 2007

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Summary

THERE was widespread relief in the City today as the FTSE 100 index opened higher after two days of heavy losses that wiped more than Pounds 60 billion off blue-chip shares.

The index of leading stocks was up 16.5 points at 6188.0 while the FTSE 250 index of second-liners also reversed direction, putting on 55.9 points to 11,138.0.

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Sighs of Relief As the Footsie Stages Revival ; Market Round-Up

However, share prices continued to slide on Asian markets with the state of the US economy focusing investors' minds after former Federal Reserve chairman Alan Greenspan repeated comments he made earlier this week about...

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