Friday, July 22, 2011

FTSE up 0.49% at open (AFP)

LONDON (AFP) ? London stocks firmed at the start of trading on Friday in the wake of a eurozone debt deal, with the benchmark FTSE 100 index up 0.49 percent to 5,928.64 points.

Share prices had already closed sharply higher on Thursday as news of the eurozone debt deal offered the hope of finally taming a crisis which has roiled markets for months.

Eurozone leaders and private creditors agreed to give Greece a new 159-billion-euro (140-billion-pound) bailout, risking a potential default to prevent the debt crisis from spreading worldwide.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/afp/20110722/wl_uk_afp/stockseuropeopen

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