Economics / Markets

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.

The FTSE100 has started strongly this morning after the Bank Holiday break, with brewer SABMiller leading the index 19.10 points (0.31%) higher to 6106.40.

In London, markets fell as falling copper prices hit the mining sector and the FTSE 100 lost 94.3 points (1.53%) to 6,087.3.

The Bank of England (BoE) is following an inappropriate interest rate policy that may have to be amended in order to stem a further economic slump, according to Bill Mott, manager of the PSigma Income fund.

A rather sluggish start for the FTSE100 this morning as the mining sector gives up some of the strong gains made earlier in the week. The index is currently 27.20 points (0.44%) lower to 6154.40.

Following this morning's record high in the cost of oil, at above $135 per barrel, BlackRock's Robin Batchelor says prices are likely to remain high for some time yet, triggering a strong re-rating of energy shares.

The FTSE100 is ahead this morning as mining stocks fill four of the top five positions in early trading, the index is currently 17.40 points (0.28%) up to 6215.50.