FTSE 100 rallies on mining and financials
Tuesday 19th May 2009, 5:33PM BST.
The FTSE 100 remained in positive territory at the close of trading, with the financial and commodity sectors supporting the index.
The blue-chip index rose 35.8 points over the day to reach 4,482.25, led by Anglo American, which was up by 7.53 per cent.
Insurer Aviva was also trading higher, up 7.29 per cent, while Land Securities Group jumped 6.24 per cent.
But an 8.11 per cent drop in Marks & Spencer shares weighed on the index, after the retailer revealed a 40 per cent fall in profits and a dividend cut.
Vodafone shares also fell after the phone giant warned profits would be lower over the current financial year as consumers cut back on their spending.
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