FTSE starts well

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In London the FTSE 100 index is up about 16 points to 5,035 led by BHP Billiton and Antofagasta on gains of 26.00p to 713.00p and 38.00p to 1,220.00p respectively following increased demand for commodities.

Corus and Royal & Sun Alliance also continue to perform well this week after speculation that Corus Group may launch a take over bid for the Insurance firm. Shares in Royal & SUN Alliance are currently trading at 1.50p up at 83.50p while Corus Group is up 1.50p to 43.75p. In the US, the Dow Jones Industrial Average advanced 0.2% to close at yesterday 10,566.37 led by Boeing which appears to be recovering from declines earlier in the week. Shares in Boeing were up $1.48 to $64.4. General Motors also increased $0.47 to $6.34. The Nikkei 225 Stock Average was little changed at its close...

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