Sunday, September 21, 2008

Thank God it's Friday

The stock market staged a spectacular "freaky Friday" comeback today to end the most tumultuous week in the City for 80 years.

Shares gained more than £92 billion in value as the "rocket-fuelled" recovery propelled the FTSE-100 to its biggest one-day rise. By lunchtime, the blue chip index was up 389.3 points at 5269.3, a surge of eight per cent, breaking the previous 7.9 per cent record dating back to October 1987 in the aftermath of Black Monday.

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