Analysts Claim French Bid for Bg Is Total Nonsense ; Market Report

Daily MailMarch 02, 2004

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Summary


DEALERS have the scent of a mega Footsie bid in their nostrils.

Rumours that corporate financiers at a securities firm had been working around the clock over the weekend on a major European deal, which should be announced this week, helped lift blue chips to their best levels for 18 months.

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Analysts Claim French Bid for Bg Is Total Nonsense ; Market Report

Up 48.5 points at best, the Footsie closed 44.8 points higher at 4537.0.

Wall Street helped London's cause by trading 68 points up at the outset after data showed that the manufacturing sector was still...

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