FTSE 100 snowed in

FTSE 100 snowed in

Tuesday 3rd February 2009

The FTSE 100 remained frozen against a snowy City backdrop this morning – rising just 0.41 per cent in early trading.

At 8:56 GMT the index stood at 4,094.88 – a rise of 17.10 points.

Leading the gains was Vodafone – up 6.59 per cent after the telecoms giant reported its forecast for full-year revenues were up as the low pound acted as a boon to overseas sales.

Miner Xstrata rose 3.98 per cent, Royal Bank of Scotland gained 3.92 per cent and TUI Travel gained 3.90 per cent.

BP led the drops – down 3.30 per cent – as profits for 2008 rose 39 per cent to $25.593bn but in the last quarter they were down 74 per cent on the previous three months.

Barclays was down 2.85 per cent, Cobham dropped 2.23 per cent and Land Securities fell 1.95 per cent.

Last night in New York the Dow was down 0.80 per cent – importantly closing below the 8,000 mark at 7,936.83 for the second time since November, and only the third time since 2003. ADNFCR-1783-ID-19005121-ADNFCR

Related News

Mediators called in to resolve refinery strikes - 31/01/09
Mediation service ACAS has been called in to help negotiate an end to the strikes at oil refineries across the UK

FTSE 100 down at end of rocky week - 30/01/09
The FTSE 100 closed down 0

FTSE 100 up after rocky week - 30/01/09
After an initial drop the FTSE 100 was up in morning trading, following yesterday's losses

Britain expects absolutely nothing from Davos - 30/01/09
The vast majority of people believe the World Economic Forum will achieve nothing, a new poll has shown

Broadband Britain vision unveiled - 29/01/09
The government plans to move towards a "historic universal service commitment" bringing broadband and digital services to all homes, culture secretary Andy Burnham has said

<< Back To News Listings

News Article Search

Quick Apply