Saturday 20 September 2008

FTSE: Biggest One-Day Rise in History

DAILY EXPRESS: INVESTORS were celebrating a £100billion boost last night as shares enjoyed the biggest one-day surge in history.

After one of the most devastating weeks in memory, the stock market staged a breathtaking recovery, bringing relief to millions of savers and pension holders.

Spiv traders – who had caused chaos on the markets, driving down shares in order to make a quick killing – were thrown to the wolves as the markets soared around the world.

The FTSE 100 index of leading shares closed 8.8 per cent up, meaning £103billion extra was added to the markets in a single day’s trading. The previous record was 7.89 per cent. Share Boom Sensation >>> By Martin Evans and Mark Reynolds | September 20, 2008

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