BA and miners help lift FTSE 100
BA and miners help lift FTSE 100
Friday 15th January 2010
British Airways and the mining sector helped lift the FTSE 100 slightly on Friday morning.At 09:26 GMT the London index stood at 5,509.7, a rise of 11.5 points, or 0.21 per cent.
Leading the gains in early trading was British Airways which rose 2.29 per cent to 196.4p.
Eurasian Natural Resources Corp also witnessed gains of 1.39 per cent. Despite concerns Barack Obama's newly announced tax on Wall Street banks could have an impact on the UK banking sector, the majority remained resilient on Friday.
Royal Bank of Scotland Group, for example, was up 2.08 per cent to 36.75p.
The biggest loser in the morning's trading was the hedge fund Man Group, which fell 4.45 per cent after its flagship AHL fund reported its first annual loss.
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