Bulls on a roll: stockmarket has best week this year

• Leading London shares gain 6.3% in five days • Analysts fear optimism is too much, too soon A new mood of optimism has been sweeping the stockmarket with leading shares last week recording their biggest five-day gain since the start of the year. But analysts believe there could be clouds ahead to spoil the sunny mood. Last week’s rises – the during the week to close at 4388.75, its best level since 12 June – were prompted by sightings of the fabled green shoots of economic recovery, a series of much better than expected quarterly results from big US companies and even a spate of takeover activity. in the second quarter – far above expectations. The country’s growth is seen as a key factor…

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