Tuesday March 25, 05:04 PM
London shares close firmer, near session highs, buoyed by banks, oils, miners
LONDON (Thomson Financial) - Leading shares closed firmer today, near session highs, buoyed by banks, following news yesterday of an improved Bear Stearns (NYSE: BSC - news) offer, and with good gains also seen among oil and mining stocks.
At the close, the FTSE 100 index was up 193.9 points at 5,689.1, just down from a high of 5,704.3, while the FTSE 250 (news) index was 346.2 points higher at 9,794.6.
Volume was solid, with 3.3 bln shares having changed hands in 944,846 deals.
In the US, by London's close, the Dow Jones Industrial Average was off 29.10 points at 12,519.50, the S&P 500 index had gained 2.05 points to 1,351.95, and the Nasdaq Composite (NASDAQ: news) index had taken on 5.89 points 2,332.64.
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