In the UK, the FTSE 100 Index continues to rise, boosted by good trading in the US markets.
The benchmark has added 12.1 points to 4864.40 points, led by Cable & Wireless up 3.25p to 126.25p. Mining firms are also profiting in morning trading with BHP Billiton up 13.5p to 670.5p, as analysts raised its stock price estimates. Rio Tinto has also added 33p to 1683p. The company is expected to announce good results on Thursday, while Anglo American has also picked up 21p to 1253p. Northern Rock meanwhile, has shed 11.5p to 772p. In Japan the Nikkei 225 Stock Average dropped 3.19 points to 11,384.40, led by Mitsubishi Motors after the company’s largest shareholder, Phoenix Cap...
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