Reuters: Hot Stocks: Britain's FTSE rises to fresh five-year highs

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Britain's FTSE rises to fresh five-year highs Feb 20th 2013, 10:09 LONDON | Wed Feb 20, 2013 5:09am EST LONDON Feb 20 (Reuters) - Britain's benchmark FTSE 100 equity index extended gains on Wednesday to rise to fresh five-year highs, and breached a key psychological level which some traders said could induce bigger moves higher. The FTSE 100 was up by 0.4 percent at 6,401.79 points by 1003 GMT - breaching the key 6,400 point level. The stock market extended earlier gains after minutes from the Bank of England signalled a greater likelihood of more monetary stimulus measures, which have boosted equity markets around the world. The FTSE 100 last traded above the 6,400 point mark in late May 2008. (Reporting by Sudip Kar-Gupta; Editing by Toni Vorobyova)

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