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FTSE 100 remains positive in early trading

FTSE 100 remains positive in early trading

Thursday 10th December 2009

The FTSE 100 started brightly on Thursday morning as the market continues to show indifference to yesterday's pre-Budget report.

At 09:40 GMT the London index stood at 5,216.33, a rise of 12.44 points, 0.24 per cent.

Royal Bank of Scotland led the gains, up 2.77 per cent, to 31.17p, despite chancellor Alistair Darling's announcement on Wednesday of a new super-tax on bankers' bonuses.

The Bank of England's predicted announcement of a holding of interest rates later also appears not to be weighing on traders' minds, with Barclays, Lloyds Banking Group and HSBC all performing well in early trading.

The biggest loser of the day so far is Land Securities Group – down 1.24 per cent to 639p.ADNFCR-1783-ID-19505179-ADNFCR

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