A sluggish day on the FTSE yesterday has slinked over to Thursday with the index dropping 44p, or 0.79%, in early trading.
Rentokil has made significant gains so far, jumping 13.5p, or 18.54%, to 86.3. The pest-control firm ousted CEO Doug Flynn three weeks after forecasting a drop in profit this year.
Its early rise in the index may be attributed to announcements Alan Brown, former chief financial officer at Imperial Chemical Industries, will replace Flynn.
Rentokil is followed by AstraZeneca, up 41p to £18.83, and Unilever, which is also in the black.
However, early losses for Vedanta Resources, down 107p to £19.03, Cairn Energy and Experian, are stemming gains.
In the US, only Coca Cola finished Wednesday in the black, meaning the Dow Jones slumped to a low of 12,099.66 following a 293 point, or 2.36%, loss.
Alcoa, down 2.98 points, or 7.72%, to 35.62, Exxon Mobil, down 4.04 points, or 4.57%, to 84.43, and Du Pont, down two points, or 4.21%, to 45.47. Caterpillar and Boeing suffered around 4% losses each.
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