Yesterday's feasting was clearly not enough and today the FTSE 100 index has moved up another 30 poi...
Yesterday's feasting was clearly not enough and today the FTSE 100 index has moved up another 30 points to 4,160 in morning trading after New York and Tokyo markets surged overnight.
The leaders are again being led by a financial stock, as Royal & Sun Alliance has gained 7p to 113.75p so far.
But honours are evenly spread between sectors, with Granada and Tomkins currently listed as second and third best performers respectively, up 4p to 79p and up 10p to 220p respectively.
There has been some profit-taking, however, with Aviva down 11.5p to 476.5p after Merrill Lynch downgraded the stock to 'neutral' from 'buy'.
Poor quarterly results from Reuters hammered the stock down 32.5p to 175.5p.
Mid-cap stocks are performing well, and the FTSE 250 index is up 12 points to 4,319.
Positive results from SSL, which makes healthcare products, helped it gain 35p to 307.5p.
Continued buying of shares by directors has helped Spirent put on 0.72p to 11.18p.
In other parts of the world, Tokyo's Nikkei 225 index moved up 48.14 points to 8884.87 - tantalisingly close to the key 9,000 level - while New York's Dow Jones Industrial Average jumped 378.28 points to 8,255.68 by the close.
The tech-heavy Nasdaq Composite climbed 61.91 points to 1,282.44.
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