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Footsie rallies after yesterday's battering

09/06/2006 - 08:22:12
Investors held their nerve today as the FTSE 100 Index put back some of yesterday’s £35bn (€51bn) losses.

Shares around the world took a battering in the previous session after fears of higher inflation led to interest rate hikes around the world.

It saw the Footsie tumble more than 140 points, or 2.5%, but investors were in more bullish mood today with the index of blue chip stocks up 74.5 points to 5637.4.



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