FTSE makes early strides

Among the early winners is Rolls Royce, up 17 points, or 3.34%, to 526p. This was closely followed by Johnson Matthey, up 45 points, or 2.7%, to £17.10. Other large gains were made by Imperial Chemical Industries, up by 13.5 points to 531p, DSG International, up 4 points to 170p, and Cable and Wireless climbed by 2.09% to 205p. However, these gains were offset by early losses from HBOS, which dropped 38 points, or 3.55%, to £10.32. Northern Rock also suffered substantial losses, slipping 32 points to 994p, and Daily Mail group fell by 1.06% to 796p. In the US, the Dow Jones closed with ...