Big names raise FTSE from nine-month low

Yesterday saw a nine-month low but stocks have rebounded this morning thanks to the big names Vodafone, BP and GlaxoSmithKline. Initial UK trading saw the FTSE 100 jump jumped 81.7 points, or 1.8%, to 4623.6, led by with Vodafone, BP and Glaxo which accounted for two- fifths of the gain. Vodafone added 2.75p, or 3.1% to 90.25p, having lost 49% of its value this year, while GlaxoSmithKline added 26p, or 1.9%, to £13.77 and BP gained 7p to 538p. Centrica, the UK's largest natural gas supplier, has signed a contract with a Dutch firm to buy 5.3bn pounds of gas over the next 10 y...