FTSE 100 sees gentle rise

Friday 25th September 2009

The FTSE 100 rose slightly in early trading on Friday after yesterday's late sell-off.

At 08:48 BST, the index was up 0.41 per cent or 20.79 points to 5,100.06.

Leading the gains was packaging group Rexam – up 1.68 per cent.

BHP Billiton rose 1.62 per cent, Cable & Wireless climbed 1.47 per cent, BG Group was up 1.31 per cent, and BP gained 1.08 per cent.

Private equity firm 3i was down 2.69 per cent after it was revealed new investments were down 75 per cent.

Petrofac fell 2.15 per cent, Lloyds Banking lost 1.87 per cent and business space provider Segro lost 1.83 per cent.

In New York last night, the Dow was down 0.42 per cent to 9,707.44, while Chicago's S&P 500 was down 0.95 per cent to 1,050.78.

On the currency markets, sterling was down against the dollar and the euro.

£1 stood at $1.599, down 0.39 per cent, and at €1.089, down 0.60 per cent. ADNFCR-1783-ID-19378486-ADNFCR

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