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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/ftse-rallies-as-egypt-fears-fade.jpg"><img class="alignnone size-full" title="The FTSE 100 Index rose 94.9 points to close on Tuesday at 5957.8" src="http://londonglossy.com/wp-content/uploads/2011/02/min-ftse-rallies-as-egypt-fears-fade.jpg" alt="The FTSE 100 Index rose 94.9 points to close on Tuesday at 5957.8"/></a></p>
<p>London&#8217;s FTSE 100 Index has rallied after positive developments in China and improved economic data overshadowed fears over Egypt at stock markets around the world.</p>
<p>The Footsie closed 1.6% higher, up 94.9 points at 5957.8, while America&#8217;s Dow Jones industrial average soared more than 100 points in early trade.</p>
<p>The mood in Europe was similarly positive, with Germany&#8217;s Dax up 1.5% and the Cac-40 in France 1.7% higher.</p>
<p>Upbeat manufacturing news in both the US and UK helped investors shrug off the impact of political turmoil in Egypt.</p>
<p>A fightback from market heavyweight BP also helped in London as the oil giant recovered early losses seen in the wake of full-year results. BP shares were 6.2p higher at 491p as the oil giant restored dividend payments but posted a smaller-than-expected fourth quarter profit.</p>
<p>The pound rose against the US dollar &#8211; up 0.6% to 1.61 dollars &#8211; after manufacturing survey data showed activity in January rising at the fastest rate in at least 19 years.</p>
<p>In America, there was also cheer as the Institute of Supply Management (ISM) said its January manufacturing index improved month-on-month.</p>
<p>Sentiment was lifted further after analysts said prospects for an imminent rise in interest rates by China&#8217;s central bank looked less likely, leaving demand in the emerging market unaffected.</p>
<p>This boosted the weighty mining sector on the London market, as Fresnillo surged 88p to 1384p and Kazakhmys lifted 72p to 1578p.</p>
<p>Technology firms were also doing well, led by Cambridge-based Autonomy after the software specialist&#8217;s fourth quarter results met City expectations. Shares jumped 6% or 94p to 1590p.</p>
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