22/04/14 Market Movements

Market news
The FTSE100 closed up 56.51 points at 6,681.76.

AstraZeneca experienced its biggest rally since August 2011 (up 4.72%) after reports that Pfizer has discussed acquiring the London drugmaker.

Glaxosmithkine climbed 5.20% after Novartis AG agreed to buy its cancer-drug business for circa $16billion.