London markets opened better than expected this morning allaying fears stocks could follow another Wall Street slump on Friday. The FTSE100 is currently 18.10 points (0.33%) ahead to 5548.00.
Interdealer broker ICAP has started the best of the blue chips so far, up 1.79% to 539. Miners are in demand again, with Xstrata 1.65% higher to 3999 and Rio Tinto 1.37% ahead to 65. ITV is leading the losses so far, falling 3.58% to 45.80; while record oil prices are continuing to dent British Airways, down 1.76% to 209.25. Banks however are following their American counterparts lower, with RBS down 1.61% to 214.25 and Barclays 1.59% behind to 293.25. In New York, the Dow Jones IA suffered another triple-digit loss on Friday as record oil prices and a weak dollar stung Wall Street. The ...
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