FTSE 100 visits high 28 months as world markets rally on the US Federal Reserve of the QE2

Index of London actions increased 109.79 or 1. 9pc to stock early milestone 5,858.76 join worldwide stock rally after the Fed said it would buy $600bn (£ 371bn) in a further attempt to revive the flagging economy U.S. Government obligations.

CAC - 40 the France increased 2 1pc and acquired Japan Nikkei 2 2pc, despite the pressures on exporters as the dollar fell below the level of yen 81 Germany's DAX rose to 1 2pc.

Hong Kong Hang Seng added 1. 6pc and Shanghai Composite China closed until 1. 9pc to a maximum of seven months of 3,086.94.

New York, Wednesday, the Dow Jones industrial average rose 26.41 points, either 0 2pc, 11,215.13, nearest within two years after the Fed describes his plan link purchase.

"We believe QE2 will be more efficient that investors realize," Andrew Garthwaite, London head of global strategy for equity Credit Switzerland wrote in a report."Remain us overweight actions."

In London, rising stock prices was assisted by a jump in miner BHP, 3pc 4 part of the decision of the Federal Reserve and the rest the outcome of the Canada block its $remained hostile to group potash fertilizer.

Other minor grew strongly and with Xstrata, riches, Anglo American and Rio Tinto totalling between 3 8pc and 4 8pc.

Good new business has also helped man mounted 7 1pc sentiments.Groupe upwards classification FTSE hedge funds listed largest worldwide firm beats its own first half profit forecasts and announces the resumption of the assets of the client.

The firm, which saw eight straight quarters of net, said customer assets rose to $40. 5bn at the end of September. against estimates of $39. 5bn in September.

Unilever, the consumer goods group increased by 5 6pc after an optimistic statement in its ability to raise prices and to reduce the cost of commodity prices higher that it corresponded forecasts with a counter rising sales of third quarter.

"Consensus beating results continue to be favourable to the market with the authorities in fact appear to be prepared ready and able to support the economic recovery, which is good news", Henk Potts, Barclays Wealth, equity strategist said.

The rise is tempered by a 2pc 3 fall at Rolls Royce after Qantas Airways flights suspended its fleet of Airbus A380 after the failure which led to an emergency landing at Singapore Rolls-Royce Trent 900 engine.


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