Economics / Markets

The FTSE 100 has recovered from yesterday's heavy losses as positive results news has pushed the index up 86.6 points, or 1.44%, to 6,087.3 in early trading.

The FTSE 100 index has ended the session down 160.5 points, or 2.61%, to 6,000.7, as financials dragged the index lower.

A slide in the value of stocks across the globe yesterday and today has again hit the performance of the FTSE 100 index, but it is this time being led by banking stocks.

PRELIMINARY results released for a Tribune investment trust show it has outperformed its index - despite being a tracker fund.

BARCLAYS Wealth says the UK will have the highest concentration of high net worth households within the G7 inside a decade.

TRADITIONAL bond funds will struggle in the prevailing monetary and economic conditions, Collins Stewart has warned.

The FTSE 100 has ended the day down 72.1 points, or 1.16%, to 6,161.2, with financial stocks among the biggest losers.

The FTSE 100 is down 14.5 points, or 0.23%, to 6,218.8 in early trading, as confidence has been hit by news SABmiller has lost a contract which could knock $80m off next year's earnings.

The FTSE 100 index fell 11.90 points, or 0.2%, to 6,233 points today after continuing concerns about the sub-prime mortgage lenders sector caused a poor start on Wall Street.

The FTSE 100 is up 23.7 points, or 0.38%, to 6,268.9 in early trading, as take-over news continues to push stocks higher.