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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter and Simon Hunt

FTSE 100 Live 27 March: Index closes at 12-month high, Bank of England warns of 'sharp correction'

M&A activity fuelled trading interest today as Diploma and DS Smith surged to the top of the FTSE 100.

Industrial products firm Diploma jumped more than 10% to a fresh record following its deal to buy a US-based aerospace fasteners firm.

The prospect of a bidding war also lifted Mondi merger partner DS Smith after International Paper tabled an approach worth £5.7 billion.

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