Tuesday, January 12, 2010

London stocks hit 16-month peak above 5,600 points


LONDON: London's main stock market index on Monday hit its highest level since September 2008, when the collapse of US investment bank Lehman Brothers signalled the start of a global economic crisis.


London's benchmark FTSE 100 index reached 5,600.48 points -- the highest level for 16 months in the wake of robust Chinese economic data, analysts said.

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