Broad-Based Rally Lifts Ftse to Its Feet ; Financialmail Share Prices / Taking Stock

Summary


AT last the FTSE 100 has got its head back above water. After a month languishing far below 4,500, the blue-chip index has broken back through this level and is showing a rise since the start of the year.

It was also the fastest rising index in the world last week, apart from Moscow. But with all due respect, Russia is not yet a major world stock market.

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Broad-Based Rally Lifts Ftse to Its Feet ; Financialmail Share Prices / Taking Stock

We shouldn't get too excited. The gains merely mean that the Footsie is up a fraction on where it started the year while almost every other market has surged in 2004.

But the FTS...

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