Daily Investment Market News from London
Sunday 27th of July 2008
February 1, 2005

UK enjoys growing investment momentum


by Brian Turner

London’s FTSE-100 share index reached a two-and-a-half year high on the back of a string of strong trading sessions, while it’s mid-cap FTSE 250 index reached an all-time high of 7,186.7 in trading.

Mining companies were especially sought after, as expectations of good dividends on BHP Bilton were added to be expectations of increased mining operations in a strong Chinese economy.

Blue-chip shares and oil investments also helped push up prices towards what so far promises to be a two and a half year high for the FTSE 100.

Story link: UK enjoys growing investment momentum



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