The FTSE reached 6745.6p this morning after rising 14.9 points, or 0.22%.
Northern Rock fell 53.25 points, or 19.49%, to 220p, despite continuing takeover talks. Legal & General Group fell 2.9 points, or 2.05%, to 138.9p. Friends Provident fell 3.7 points, or 2.04%, to 177.3p, as Swiss Re and Standard Life prepare a joint takeover bid for Resolution. Barratt Developments fell 13.5 points, or 1.93%, to 685.5p. SABMiller rose 24 points, or 1.62%, to 1459p. BP rose 18.5 points, or 2.99%, to 637.5p. Vedanta Resources rose 36 points, or 1.59%, to 2303p. Royal Dutch Shell rose 32 points, or 1.57%, to 2073p. HSBC Holdings rose 13.5 points, or 1.42%, to 966.5p. ...
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