London stocks ends 2009 with 22% gain
Stock Report September 6th, 2009
The stock market closed higher in a half-day session on Thursday, the final trading session of 2009, to chalk up an impressive annual gain of more than 22 percent.
London’s FTSE 100 index of leading shares rose 0.28 percent to finish at 5,412.88 points at 1230 GMT, as traders headed home early for the New Year holiday weekend. The market remains shut on Friday and reopens on Monday.
The FTSE has gained 22.07 percent in value during 2009, despite a record recession, as investors drew strength from hopes of economic recovery in the fourth quarter or three months to December.
