Mining Sector Lifts the Footsie Past 6000 Mark ; Market Report Share Prices

Birmingham Post › April 08, 2008

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Summary

The London market closed above the psychologically key 6000 barrier for the first time since February yesterday thanks to strong gains in mining and hopes of another cut in interest rates

The FTSE 100 Index rose 67.7 points to close at 6014.8 as investors started the week in a positive mood, with expectations mounting for a quarter point cut in rates to five per cent when the Bank of England announces its latest decision on Thursday.

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Extract

Mining Sector Lifts the Footsie Past 6000 Mark ; Market Report Share Prices

The move above 6000 has seen the blue chip index rise more than ten per cent since last month's lows and experts said there was...

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