FTSE holds as PartyGaming loses its shirt

PartyGaming fell 3.89% to 123.5p as investors sold out as talk is gaining momentum of anti-internet gambling legislation in the US. US light crude for March delivery is currently down 88 cents at $60.36 a barrel as supply concerns recede further and this news led BP down 0.54% to 643p, Shell down 0.64% to 1,868p and BG 2.73% lower at 658.5p. Sugar group Tate & Lyle attempted to assuage fears today a new sweetener, known as Altern, will impact on sales of its own Splenda product, but the shares still tumbled 2% to 604p. Meanwhile, Rolls-Royce gained 2.69% to 439p after Merrill Lynch li...