Financials are leading a mini-revival for London markets this morning, with banking stocks mirroring the yesterday's strong giants for compatriots across the Atlantic. The FTSE 100 is currently 70 points (1.29%) higher to 5510.60.
Lloyds TSB is leading the way for the sector, jumping 6.56% to 304.50 earlier today. Barclays and Royal Bank of Scotland are not too far behind, up 4.48% to 291.50 and 4.41% to 203.50 respectively. The best start however belongs to the London Stock Exchange Group, which saw Q1 revenue climb 8% to £178m. LSE is 7.75% ahead to 723. Communications group WPP is leading the losses after launching a 260.6p per share bid for market research firm Taylor Nelson. WPP is down 2.86% to 450.75. Supermarket J Sainsbury is also in decline, 2.77% lower to 280.75. In New York, investors rallied on Tue...
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