The FTSE100 has opened flat this morning as thriving insurance companies balance out losses to the mining and oil sectors. The index is currently just 8 points (0.13%) behind to 6060.10.
British Airways is flying on a good morning for airlines, with the exception of Silverdell, 6.4% up to 228.75.
Next best is Standard Life; the Edinburgh-based insurer is leading the sector this Friday, up 3.81% to 251.75.
Compatriot Friends Provident is not too far behind, currently ahead 2.74% to 120.20.
Lower metal prices are smashing the mining sector, with BHP Billiton the worst of the lost, down 3.88% to 1884.
A rejection from Australian takeover tarket Origin Energy has hit BG, 3.63% lower to 1247.
The dip in crude prices has also affected Tullow Oil, 3.52% behind to 889.50.
In New York, the Dow Jones IA continued its recent solid run on Thursday, with Q1 GDP figures coming through as expected.
Health care products maker Johnson & Johnson was the best of the bunch, up 2.37% to 66.42.
JPMorgan Chase was one of a number of financials to do well today as it finalised its Bear Stearns takeover. JPM was 1.66% higher to 43.57.
Bank of America and Citigroup climbed even further, up 2.16% to 34.60 and 2.04% to 22.04.
A Soleil Securities analyst downgrade for Alcoa led the aluminum maker to dip 2.96% to 40.34.
Chevron led a host of oil companies falling as the price of crude slides; it was 1.55% lower to 98.86.
In Tokyo, Japanese stocks continued their rapid rise on Friday, ending the week at a near five month high. The Nikkei 225 finished 214.07 yen (1.52%) ahead to 14,338.54.
The climb was led by the banking sector, on speculation on higher interest rates could bolster lending income.
Elsewhere in Asia/Pacific, Hong Kong’s Hang Seng leapt 199.89 points (0.82%) to 24,583.88, but Sydney’s S&P/ASX 200 dropped 54.70 (0.96%) to close on 5,654.70.IFAonline
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation