FTSE 100 rallies in early trading

27-11-2008

FTSE 100 rallies in early trading
The FTSE 100 staged a recovery in early trading and was 1.6 per cent higher by 10:00 GMT as commodities and financial stocks rallied.

Prudential was up 7.6 per cent, while Xstrata rose 6.61 per cent and Lloyds TSB was trading 6.19 per cent higher.

The index was lifted by a surge in the US stock market, with the Dow Jones closing 2.91 per cent higher.

Overnight, the Asian markets also rallied, with Japan's Nikkei up 1.95 per cent and Hong Kong's Hang Seng index closing 1.37 per cent higher.

A handful of stocks were in the red this morning. Kingfisher shares fell by 5.86 per cent after the retail group announced a fall in profits, while Antofagasta shares fell 2.68 per cent.

Bookmark with:
Bookmark with: Digg Digg Bookmark with: Del.icio.us Delicious Bookmark with: Reddit Reddit Bookmark with: StumbleUpon StumbleUpon Bookmark with: Google Google Bookmark with: Technorati Technorati Bookmark with: Netvouz Netvouz

Latest News:

Search News
News Front Page
Accountancy / Tax
Advertising / PR
Armed Forces
Automotive
Aviation / Aerospace
Banking / Finance
Charities / Voluntary
Childcare / Youth
Construction / Property
Customer Services
Education / Training / Teaching
Emergency Services
Engineering / Electronics
Entertainment / TV / Theatre
Graduate Roles
Health / Beauty
Hotel / Catering / Restaurants
HR / Recruitment
Insurance / Pensions
International / Overseas
IT / Internet
Legal
Management / Business
Manufacturing / Industry
Media / New Media / Creative
Medical / Healthcare
Pharmaceutical Industry
Public Sector
Retail / Wholesale
Sales / Purchasing / Marketing
Science / Technology
Secretarial / PA / Admin
Skilled / Semi-skilled Manual
Telecommunications
Transport / Logistics
Travel / Tourism / Leisure