Financial Times FT.com

Oversold WPP leads London reversal

By Bryce Elder and Neil Hume

Published: November 18 2008 08:44 | Last updated: November 18 2008 22:51

WPP led a market reversal on Tuesday as the FTSE 100 bounced from lows in tandem with Wall Street.

The advertising agency gained 5.5 per cent to 340½p after Goldman Sachs said its valuation had reached record lows.

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