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Shares rally as cliff hopes cheer investors

FTSE and other European indices follow Wall Street higher as hopes rise that a deal will be done to avoid a 'fiscal cliff' in the US.

 

Among smaller companies Quindell Portfolio (QPP.L) was a star performer, its shares rising nearly 12% or 1.5p to 14p after the outsourcing technology company said it expected full-year results to be significantly ahead of market expectations. The company is a top 10 holding of the Diverse Income Trust managed by Gervais Williams.

See our FTSE data pages for the day's other risers and fallers

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1 comment so far. Why not have your say?

Jonathan

Dec 19, 2012 at 14:13

"Obama has offered a concession over tax hikes on the wealthy which would mean tax increases start for Americans earning $400,000 rather than $250,000."

How much is it the president of the USA earns? $400,00! Is this just a coincidence?

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  • EVRAZ plc (EVRE.L)
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  • Aviva PLC (AV.L)
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  • Diverse Income Trust (Ordinary Share)
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  • Gervais Williams
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