A SURGE in the share price of satellite broadcaster BSkyB helped propel Britain's top share index to its fifth winning session on Christmas Eve ahead of a two-day festive break.Shares in BSkyB jumped 2.5 per cent or 20.5p to 833p taking gains this week to almost 5 per cent, amid fresh talk of a possible tie-up with Vodafone , aimed at bundling the groups' broadband, TV and landline offers.BSkyB also announced an investment worth dollars 350,000 ( GBP214,000 ) in Jaunt, a California -based technology company specialising in video capture and display.The benchmark FTSE 100 index closed up 15.56 points at 6,694.17 in its fifth straight day of gains and marking its thirdsharpest Christmas rally since its launch in 1984. The London market was closed yesterday and today following Tuesday's shortened session. Mike van Dulken , head of research at Accendo Markets, said: "Lighter volumes are sure to be helping the Santa rally and making sure December closes positive, so beware of the possibility of a correction."The Footsie, which generates a quarter of its revenues from emerging markets, has risen by about 13 per cent this year, less than half the rise in the S&P as the United States economy improved and the dollar strengthened, causing volatility in emerging market currencies. Jordan Hiscott , senior trader at Gekko Global Markets, reckons the UK blue-chip index will eke out further gains this year, though it could struggle to push through the 6,743 technical level.Stocks on the front foot on Christmas Eve included British Airways-owner International Airlines Group after a rise of 6p to 400.8p, while housebuilder Persimmon was 17p stronger at 1,219p.NEW YORK: US stocks posted modest gains on Tuesday as investors exercised restraint from making big bets ahead of the Christmas Day holiday, with the Dow and S&P 500 once again setting record highs.The Dow Jones industrial average closed up 63.32 points, or 0.39 per cent, at 16,357.93 while the broader Standard & Poor's 500 Index was up 5.25 points, or 0.29 per cent, to end at 1,833.24. The Nasdaq Composite Index finished up 6.51 points, or 0.16 per cent, at 4,155.42.MoversUp : JD SportsThe retail group rebounded as the sector shook off some of its recent turbulence.Down : Arm HoldingsChip firm Arm edged back after a jump the day before on Apple's big Chinese deal.
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