FTSE soars on eurozone data, Bernanke comments

August 24, 2009 - 0:0

LONDON (AFP) -- Stocks in London soared on Friday after a survey showed the eurozone economy stabilizing and U.S. Federal Reserve chief Ben Bernanke said global recovery prospects “appear good.”

The benchmark FTSE 100 index of leading shares jumped 1.98 percent higher to 4,850.89 points.
Vodafone was the most traded stock, seeing 197 million units change hands, followed by Royal Bank of Scotland (RBS), which saw 162 million switch owners.
British Airways was the biggest gainer, up 12.7 pence -- or 7.24 percent -- to finish at 188.2, followed by insurer Legal and General, which climbed 4.1 pence -- or 5.56 percent -- to stand at 77.8.
Software publisher Sage Group suffered the worst losses, shedding 4.6 pence -- or 2.045 percent -- to finish at 220.3, while software developer Autonomy Corp. was next, falling 12 pence -- or 0.92 percent -- to end at 1,293.