Economics / Markets

LYXOR Asset Management has launched two new ETFs, offering exposure to India and South Africa.

A solid morning on Wall Street led the FTSE 100 to a late rally this afternoon, closing 25.5 points up, or 0.41%, to 6306.2.

The FTSE is in decline this morning after a strong early start, currently 15.20 points lower, or 0.24%, to 6265.5.

EMERGING European countries such as Russia and Turkey will be at the forefront of the recovery in global equity markets into next year, according to Hexam Capital Partners, Resolution's joint venture boutique specialising in emerging market equities....

In London, shares were up after financial and mining stocks rallied and the FTSE 100 closed up 146.6 points, or 2.39%, to 6,280.7.

In London, the FTSE 100 leaped forward in early trading and was up 52.2 points, or 0.85%, to 6186.3.

The FTSE fell 54.9 points, or 0.89%, this afternoon to 6136.3p.

The FTSE gained 3.2 points, or 0.05%, this morning, reaching 6194.4p. The rise comes despite global fears of a US recession.

An unexpected drop in US payrolls last month has rocked Wall Street and showered the FTSE with late losses this afternoon.

The FTSE 100 has barely changed from its overnight figure, but the index is currently on a downward curve.