FTSE recovers to finish in black

Old Mutual lead the day’s winner’s table, climbing 7.2p to 123.2p, followed by the Royal Bank of Scotland Group, up 20.5p to 381.5p, and Barclays. Gains were stemmed by losses for Severn Trent, down 54p, or 3.68%, to £14.14, AMEC and Carphone Warehouse Group. In the US, the Dow Jones has made a steady opening, advancing 12.29 points, or 0.1%, to 12,666.65. GEN Motors has climbed to 21.77 after a gain of 1.62 points, or 8.04%, while Du Pont, Exxon, Boeing and American International Group are also in the black. Merck, Coca Cola and International Business Machines are all down in early tra...