Friday, July 27, 2007

Real estate helps FTSE rally, but worries linger

(Reuters) - Britain's top share index rose on Friday in volatile trade as gains in real estate stocks and banks helped lift the FTSE 100 from four-month lows hit earlier on worries of a potential U.S. credit crunch.

The FTSE 100 index is on course for its biggest weekly fall since January 2003 but by mid-morning investors decided the sell-off had gone far enough for the time being.


Read more at Reuters Africa

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