FTSE 100 picks up morning drop
FTSE 100 picks up morning drop
Friday 8th August 2008
The FTSE 100 stood down 0.06 per cent at 9:24 BST after making up initial losses.The index stood at 5474.00 after initial drops fuelled by a 1.93 per cent fall on Wall Street for the Dow Jones last night.
Early trading saw a mixed bag of gains, led by builders merchant Wolseley which was up 4.74 per cent.
British Airways rose 3.63 per cent, ITV gained 3.48 per cent, Carnival was up 2.76 per cent and BG Group climbed 2.44 per cent.
British American Tobacco led the fallers, dropping 3.46 per cent to 1811p.
Cairn Energy dropped 2.86 per cent while the trio of miners Ferrexpo, Vedanta Resources, and Antofagasta all fell 2.7 per cent.
Sterling this morning was up 0.22 per cent against the euro and down 0.80 per cent against the dollar.
£1 is now worth $1.92780 and €1.27075, making €1 worth £0.78689.
Related News
Citigroup forced into $20bn security buy-back - 08/08/08
Citigroup faces having to buy-back billions of dollars worth of securities following a deal with US regulators
Citigroup faces having to buy-back billions of dollars worth of securities following a deal with US regulators
Single mums turning to saving - 08/08/08
Single mums are more concerned about saving for their children's future than getting themselves out of debt, according to new research
Single mums are more concerned about saving for their children's future than getting themselves out of debt, according to new research
'Oil crunch' looms on horizon - 08/08/08
A new report has warned an 'oil crunch' looms on the global horizon, unless there is a dramatic reduction in demand
A new report has warned an 'oil crunch' looms on the global horizon, unless there is a dramatic reduction in demand
Halifax: House prices down 8.8% - 07/08/08
House prices in the UK have continued to fall, according to the latest House Price Index from the Halifax
House prices in the UK have continued to fall, according to the latest House Price Index from the Halifax
FTSE 100 stabilises - 07/08/08
The FTSE 100 maintained its position today flirting with the 5,500 mark
The FTSE 100 maintained its position today flirting with the 5,500 mark
News Article Search
Quick Apply
News Archive