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2010.10.0605:30:00UTC+00Ftse Extends Gains As Stimulus Hopes Boost Confidence

News

  • Hopes that governments around the world will make fresh moves to stimulate their economies pushed Britain's top share index to its highest level in over five months.
  • By 0801 GMT, the FTSE 100 was 38.42 points or 0.7 pct higher at 5,674.18 after it gained 1.4 pct on Tuesday.
  • Miners gave the biggest boost to the index as gold hit a record high and copper rose to its highest since July 2008. Energy firms were also stronger with crude hitting its highest in five months.

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