BA and insurers balance FTSE

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The FTSE100 has opened flat this morning as thriving insurance companies balance out losses to the mining and oil sectors. The index is currently just 8 points (0.13%) behind to 6060.10.

British Airways is flying on a good morning for airlines, with the exception of Silverdell, 6.4% up to 228.75. Next best is Standard Life; the Edinburgh-based insurer is leading the sector this Friday, up 3.81% to 251.75. Compatriot Friends Provident is not too far behind, currently ahead 2.74% to 120.20. Lower metal prices are smashing the mining sector, with BHP Billiton the worst of the lost, down 3.88% to 1884. A rejection from Australian takeover tarket Origin Energy has hit BG, 3.63% lower to 1247. The dip in crude prices has also affected Tullow Oil, 3.52% behind to 889.50. In...

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