FTSE 100 holds firm on Lehman anniversary

Tuesday 15th September 2009

The FTSE 100 was muted this morning as traders reflected on the one-year anniversary of the collapse of Lehman Brothers which triggered the financial crisis.

Compared to the trauma a year ago the index was flat, down 0.01 per cent to 5,018.48.

Platinum producer Johnson Matthey led the gains up 3.65 per cent as interest in the precious metal has grown in response to the recent surges in gold prices.

BT Group rose 2.93 per cent, International Power was up 2.70 per cent and Amec rose 2.51 per cent.

Rexam was down 2.19 per cent, Smiths Group dropped 1.57 per cent, TUI Travel was down 1.49 per cent and Kingfisher fell 1.30 per cent.

Last night in New York, the Dow matched London, with early drops cleared by the end of trading.

The index closed up 0.22 per cent, while Chicago's S&P 500 rallied in late trading to post 0.63 per cent gains.

Meanwhile, official figures out this morning showed inflation had slipped from 1.8 per cent in July to 1.6 per cent in August. ADNFCR-1783-ID-19360905-ADNFCR

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