Testing Time As the Footsie Cracks 4,500 ; Taking Stock

Summary


THE next five days will mark a crucial test for the FTSE 100 and whether it can really hold above the 4,500 level.

The blue-chip index enjoyed strong gains last week, despite there being only four trading days, and closed at 4,537, up 48 points.

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Testing Time As the Footsie Cracks 4,500 ; Taking Stock

It was one of the world's best performing market indices over the short week.

But what drove the Footsie up was not high-growth shares, but the so-called safe havens. As marke...

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