FTSE enjoys best run in four years

THE FTSE 100 has had its best run in four years after companies around the world delivered better-than-expected results.<br /><br />The index of top-rated companies ended a seventh day of rises one per cent higher at 4481.17. It is the best winning streak since July 2005, with daily increases bringing the FTSE 100 up 8.7 per cent on its 13 July start.<br /><br />Investors were buoyed by a surprisingly bullish trading update from supermarket chain Wm Morrison, which boosted the shares of J Sainsbury and Tesco.<br /><br />Other risers included British Airways and IG Group and mining companies Xstrata and BHP Billiton.<br /><br />US companies have also fared better than most Wall Street analysts had expected.