Economics / Markets

A positive FTSE100 is defying the odds this morning amid 24-hours of strong losses to global stock markets. The blue chip index is currently 16.80 points (0.28%) ahead to 6024.40.

The FTSE 100 closed 0.76% lower at 6007.60, fuelled by massive falls in banking stocks.

The FTSE100 is poised to dip under 6,000 this morning after some major losses to banking stocks in early trading. The index is currently 53.10 points (0.88%) lower to 6,000.40.

The FTSE100 has opened flat this morning as thriving insurance companies balance out losses to the mining and oil sectors. The index is currently just 8 points (0.13%) behind to 6060.10.

Shares in homebuilder Persimmon plunged 26p to 487.5p by the close of play on Thursday, helping take the FTSE into the red.

The FTSE100 has started in fine fashion this morning with oil, energy and mining stocks again sharing the spoils. The blue-chip index is currently 53.90 points (0.89%) ahead to 6123.50.

The FTSE was up 0.18%, reaching 6069.60 at the close of trading today.

Investors should re-evaluate their portfolios to ensure that they are properly positioned for 'late cycle inflation', according to Baring Asset Management.

London markets have opened solidly this morning with financials at the forefront of investor thinking. The FTSE100 is 9.60 points (0.16%) ahead to 6068.10.

Following a strong start to the day, the FTSE 100 closed at -0.47%, having fallen by 28.80 to finish the day at 6058.50.