Economics / Markets

The FTSE opened at 6288.8 this morning after rising 11.5 points, or 0.18%.

In London, the FTSE 100 was up 49.7, or 0.8%, to 6300.3 after British Airways defied yesterday's massive fine.

After huge losses the FTSE 100 has shown signs of recovery, opening up 43.1 points, or 0.69%, to 6293.7.

THE Bank of England has maintained interest rates at 5.75%.

The FTSE made a slight recovery after huge losses overnight but is still down nearly 110p at 6250.6.

Miners have drilled into yesterdays FTSE 100 gains, effectively wiping them out in the opening minutes this morning.

The FTSE 100 had an explosive start to the day and closed in a similar way to finish up 154 points, or 2.48%, to 6360.1.

In London, shares jumped in early trading after US stocks saw a late rebound on Monday and the FTSE 100 was up 82.3 points, or 1.33%, to 6,288.4.

THE head of research at Williams de Broë, Jim Wood-Smith, has commented on what he deemed a gruesome week for the equity market.

The FTSE closed at 6215.5p today after rising 0.3 points.