![](https://static.standard.co.uk/2023/12/04/13/03/ftse100live.JPG.jpg?width=1200&auto=webp)
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.