Severn Leads Risers While Footsie Struggles to Stay Above 6,000
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Summary
STRONG gains from water utility Severn Trent buffered losses from the wider market and falls for the heavyweight oil sector yesterday.
The FTSE 100 has stalled in recent weeks after climbing above 6,000 points for the first time since early 2001, and analysts suggest the index might have to fall back several hundred points before making any substantial move higher.See the full content of this document
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Severn Leads Risers While Footsie Struggles to Stay Above 6,000
Neil Parker, market strategist at Royal Bank of Scotland, said that other asset classes have also started to look more reasonable value for money....
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