FTSE 100 jumps in early trading
FTSE 100 jumps in early trading
Monday 19th October 2009
The FTSE 100 jumped over one per cent in the first hour of trading on Monday.At 09:00 BST, the London index had risen by 69.15 points to 5,259.39.
Miners proved the backbone again of the rises – with silver miner Fresnillo gaining 3.52 per cent.
Kazakhmys rose 3.26 per cent and Anglo American gained 3.11 per cent.
Property stocks also performed well this morning.
British Land rose 3.43 per cent and Liberty International climbed 3.23 per cent.
Leading the drops was Lloyds Banking.
The lender was down 0.90 per cent to 92.26p – as the Financial Services Authority outlined tough new rules for mortgage lenders.
Royal Bank of Scotland was down 0.56 per cent to 46.74p.
Cable & Wireless fell 0.65 per cent, United Utilities lost 0.58 per cent and Severn Trent lost 0.57 per cent.
Overnight, the Nikkei was down 0.21 per cent but the Hang Seng gained 1.23 per cent.
In Europe this morning, the Dax rose 1.22 per cent and the Cac40 rose 1.20 per cent.
On the currency markets, sterling was down 0.49 per cent against the dollar to $1.6276 and down 0.66 per cent against the euro to €1.0902.
Related News
FTSE 100 ends the week under 5,200 - 16/10/09
The FTSE 100 ended the week under the 5,200 level and down on the day
The FTSE 100 ended the week under the 5,200 level and down on the day
Lloyds Banking leads gains as FTSE 100 rises - 16/10/09
The FTSE 100 followed gains last night in New York by pushing to new highs for the year
The FTSE 100 followed gains last night in New York by pushing to new highs for the year
National Express takeover offer dropped - 16/10/09
National Express's main shareholders have dropped a £765 million bid to buy the company
National Express's main shareholders have dropped a £765 million bid to buy the company
Google sees profits up 27% for third quarter - 16/10/09
Google has reported their profits soared 27 per cent when compared to last year, recording a net profit of £1 billion for the third quarter
Google has reported their profits soared 27 per cent when compared to last year, recording a net profit of £1 billion for the third quarter
IBM profits up despite sales slump - 16/10/09
IBM posted third-quarter results yesterday with profits up 14 per cent
IBM posted third-quarter results yesterday with profits up 14 per cent
News Article Search
Quick Apply
News Archive