Footsie Nudges Higher Despite Wall Street Gloom ; Market Close

Summary

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SHARE bounce-backs for British Airways and Royal Bank of Scotland helped nudge the FTSE 100 Index higher yesterday and offset disappointing data from Wall Street. BA's latest plans for job cuts and savings helped shares up 7 per cent while RBS added more than 5 per cent amid signs of stabilisation at the business.

The wider Footsie held firm in positive territory, closing up 17.1 points at 5142.7, despite poor US jobs data that weighed heavy on America's Dow Jones Industrial Average.

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Footsie Nudges Higher Despite Wall Street Gloom ; Market Close

A US government report showed more jobs were lost in October than expected, with 1...

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