Barclays announcement lifts FTSE

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London markets were lifted after a rights issue announcement from Barclays helped the financial sector, and the FTSE 100 added 31.4 points (0.56%) to 5,666.1.

London Stock Exchange Group regained much of the ground lost in recent days, up 117.5 points (14.08%) to 952p, while British Airways gained 18 points (8.53%) to 229p. Eurasian shares slid 70p (4.96%) to £13.42, while United Utilities lost 31.5 points (4.36%) to 690.5p. Wall Street traders began the day in a confident mood with expectations that the Federal Reserve would keep interest rates at 2%, and the Dow Jone added 71.89 (0.61%) to 11,879.32 by mid-morning. Citigroup shares were on the rise after yesterday’s news the firm would make redundancies, up 0.75 (3.98%) to $19.60, while JP M...

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