Share Prices: Royal & Sun Alliance Shines On Market ; Market Report

Summary


The London market bounced back into life yesterday as the FTSE 100 put its recent heavy losses behind it.

Strong results from insurer Royal & Sun Alliance and speculation linking drugs company AstraZeneca to a possible bid from Swiss rival Novartis helped lift the mood in London. Early gains by the Dow Jones on Wall Street added to the excitement as the Footsie closed 43 points higher at 5855.9.

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Share Prices: Royal & Sun Alliance Shines On Market ; Market Report

It followed two days of selling which saw the index sink from near five-year highs of more than 5900 towards the 5800 m...

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