Market Report: Takeover Talk Keeps Ftse 100 Above 5,000 Barrier

Summary


London shares ended the week on a high note after takeover speculation kept the FTSE 100 Index above the key 5,000 barrier.

Chocolate-to-drinks group Cadbury Schweppes stormed ahead amid rumours of a potential takeover by Nestle, helping the Footsie close five points up at 5,005 - its highest level since June 2002.

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Market Report: Takeover Talk Keeps Ftse 100 Above 5,000 Barrier

Tobacco-firm Gallaher also added to the positive mood after speculation that Japan Tobacco was mull...

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