The FTSE 100 moved back towards five year highs during trading today as the positive sentiment that has prevailed since the start of the year continues.
The UK's blue chip index rose over 0.8% to reach 6,369 during the session, close to the 6,384 mark reached last week and in sight of the 6,400 mark last reached in May 2008. The index - which was today buoyed by stocks including engineer GKN, as well as TUI Travel - has enjoyed a strong start to 2013, rising around 8%. Vodafone weighed on performance, however, dropping 2.6% after analysts at Sanford C Bernstein downgraded the stock to underperform on concerns over its European businesses. The stock fell 14% last year as investor concerns mounted, and that downward trend has resumed...
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