FTSE up, Dow Jones starts well

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The FTSE 100 Index has performed steadily today, gaining 18.30 to 4,824.30 after a disappointing day yesterday.

British Airways, Europe's second-largest airline, picked up 11.50p, or 5%, to 242.5p after reporting a 3.2% in passenger traffic during December compared with the same month in 2003. Gains came in shorthaul flights and travel to the Middle East and Africa. Rolls-Royce added 8p to 251p after analysts upgraded the company’s stock. Legal & General lifted 3.50p to 116.25p, while Friends Provident was up 4p to 163p. Imperial Chemical Industries led the fall, shedding 4.25p to 231p. In the US, the Dow Jones Industrial Average index is up about 48 points to 10,646 in morning trading. The Be...

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