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Market overview: FTSE 100 up 72
Wednesday 09 Jul 2008
1035: London Stock Exchange still leads the FTSE 100 higher, having been the main drag yesterday. Insurers and banks are also going well. Advertising giant WPP is the heaviest faller after saying it would stump up £1bn for market research firm Taylor Nelson Sofres. Platinum miner Lonmin slips back in line with prices for the precious metal. FTSE 100 up 72 at 5,513.
0915: Footsie continues its upward march, with London Stock Exchange leading the way after some heavy losses yesterday. Banks are also going well after yesterday's bad day. WPP Group is lower after launching its hostile billion pounds bid for market research firm Taylor Nelson Sofres. FTSE 100 up 70 at 5,510.
0825: Footsie has pushed ahead in early dealings though not by as much as predicted. LSE leads the way after a first quarter update. Royal Bank of Scotland and Drax are also in demand. WPP's hostile bid for Taylor Nelson has unsettled its shares a little.J Sainsbury is also weak. FTSE 100 up 30 at 5,471.