US reconstruction lays the foundations for FTSE’s rise

The FTSE 100 soared more than 6 per cent yesterday as stock markets around the world rallied in response to Barack Obama’s plans for a huge economic stimulus package that could be worth more than $1 trillion ($£670 billion). The blue-chip index closed 250.69 points higher at 4300.06. It was also buoyed by hopes of a new Chinese stimulus package and a bailout for American carmakers.

Rio Tinto undermined by takeover defence costs

Mounting fears that Rio Tinto would be forced into an equity issue to pay off debt due next year made it London’s worst blue-chip performer.

Asian stock markets post gains

Hong Kong's blue-chip index is among the region's top gainers. Singapore's key index is up about 4%. HONG KONG — Asian stock markets rose today, with Hong Kong's benchmark advancing 3 percent, as investors appeared encouraged by government efforts to help the global economy weather the financial crisis.

BG rises on Exxon bid talk

BG shares were among London’s top risers this morning on speculation that the company could be subject to a bid from Exxon Mobil, the world's largest oil company.

HBOS falls ahead of results

HBOS was the blue chip index’s heaviest faller this morning as weekend press speculated what may lay ahead when the embattled lender reports first half results on Thursday.

They said shares were for the long term - not for long-term losses

Those who bought shares last year won't be surprised, amid the economic turmoil, to find they have lost money on paper. But now even people who invested in the stock market a decade ago are looking at a loss. The investment optimists insist equities always come right in the long run, but when shares are below water after 10 years, how long does long have to be?