Royal & Sun Alliance has led the FTSE 100 index up 9 points to 4,080 despite a big fall on Wall Stre...
Royal & Sun Alliance has led the FTSE 100 index up 9 points to 4,080 despite a big fall on Wall Street overnight.
The Dow Jones Industrial Average dropped 172.98 points to close at 8,676.42 after big falls by financial institutions such as American Express and Citigroup - which fell more than 4% - along with losses by healthcare giant Johnson&Johnson.
In London today, R&SA is up 3.75p to 130.5p.
British Land has revealed a big jump in the net asset value of its holdings, which has pushed shares up 10p to 425p.
Tesco is up 2.5p to 197p the day after it easily sold €750m worth of bonds due in 2010, further strengthening its finances and its grip on the number one supermarket spot in the UK.
Companies pushing the index around due to their weighting include BP - which is up 3.5p to 403.5p after a US judge approved a $17m lawsuit involving its Atlantic Richfield acquisition - Shell, which is up 2.25p to 403.25p, and Vodafone, which is up 0.5p to 118.5p.
Shire Pharmaceuticals has been caned today, dropping 30.5p to 479.5p after US regulators approved a drug developed by competitor Eli Lilly, which will compete with Shire's product targeting hyperactive children.
Another loser is mid-cap stock Eurotunnel, which is down 2p at 38.5p, and helping to drag the FTSE 250 index down 6 points to 4,446.
Carlton Communication's fortunes have turned, and investors are selling the stock, which is down 3.25p at 141.75p following yesterday's 11p gain.
AWG, formerly Anglian Water, says it made a first half loss in its interim results out today, but it also says it is confident of meeting full-year expectations, and shares are up 33.25p to 387.25p.
Earlier today Tokyo's Nikkei 225 index gained 51.89 points to close at 8,875.88, while Hong Kong's Hang Seng dropped 50.93 points to close at 9,944.59.
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