FTSE level as investors await reaction to US bail-out

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Shares in London remained broadly stable as markets opened, with the FTSE 100 up 0.25 points (less than 0.01%) to 5,095.8.

Admiral added 45p (4.7%) to £10.02, while Experian gained 15.5 points (4.08%) to 395.25p. Thomas Cook shares dropped 17p (7.61%) to 206.5p, while TUI Travel lost 7.5p (3.64%) to 198.5p as high oil prices are expected to reduce demand for holidays. Shares fell on Wall Street as Congress debated whether to approve a $700bn bail-out, with the Dow Jones dropping 29 points (0.27%) to 10,825.17. Merck shares made the biggest gains on the main index, up 0.72 (2.34%) to $31.47, while Procter Gamble added 1.46 (2.17%) to $68.74. AIG saw shares plummet once again, down 1.69 (33.8%) to $3.31, whil...

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