The FTSE 100 index is up a shade by 16 points to 3,609 following gains by the biggest stock BP on ri...
The FTSE 100 index is up a shade by 16 points to 3,609 following gains by the biggest stock BP on rising crude oil prices.
Its weighting means BP has dragged the index up more than 3 points, while its shares are up 3.75p to 405.75p as crude oil hits 12-year highs.
Top gainer by share price is British Land, which has put on 21p to 426p following yesterday's renewed pressure from institutional investor Laxey Partners for the company to boost returns to shareholders or sack its chairman John Ritblat.
Invensys has turned, adding 5p to 13.5p after yesterday's commitments to selling more assets to reduce bank debt.
British Airways is up 2.5p to 103.75p after its biggest full-service European competitor Air France said it would cut back on planned capacity increases.
Legal & General shares are down 2.5p to 68p after the company reported a fall in profits.
Amersham and Rolls Royce have both been hit by target price downgrades from CSFB, shedding 7p to 452p and 0.75p to 71p respectively.
The FTSE 250 is up 6 points to 4,006.
PizzaExpress leads the gainers with a 35p gain to 366.5p after its founder agreed to buy the company for an 11% premium to yesterday's closing price.
Corus shares rebounded from yesterday's record low, adding 1.25p to 13.75p as some investors bet the company will survive any potential break-up bid, although other investors believe this is the only way to value the company at present.
Signet Group continues to suffer volatility, and it leads today's losers with a 3.5p fall to 73.25p, shedding most of yesterday's 4.75p gain.
US stocks had another bad day yesterday because of war fears.
The Dow Jones Industrial Average shed 102.52 points to 7,806.98.
The S&P 500 shed 11.02 points to 827.55, and Nasdaq's Composite fell 25.30 points to 1,303.68.
Tokyo's Nikkei 225 remained virtually unchanged, adding 2.57 points to 8,359.38.
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