Retailer resurgence again drives FTSE

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The FTSE 100 has started well this morning with the retail and mining sectors again topping demand, the index is currently up 37.20 points (0.6%) to 6241.90.

Retailers are leading the way early, with B&Q owner Kingfisher up 4.99% to 153.60 and Marks & Spencer is too far behind up 2.82% to 410. Cairn Energy is also lighting up, 2.72% ahead to 3437; while a Citigroup upgrade to 'buy' has driven Standard Life higher, currently 2.63% up to 263.75. British Energy is struggling however on news French group EDF is the only company interested in making a full bid for the company. The energy firm is 1.36% lower to 691.50. In New York, the markets expectedly fell last Friday as the surprise AIG Q1 results smashed sentiment on Wall Street. The Dow Jones...

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