Confidence has started well in the UK stock markets this morning, as two major stocks, Cable & Wireless and Barclays, have made gains and a report in the US predicted the global economy is better than expected.
The is up 18.4 points or 0.4% to 4678 within the first hour of trading and the FTSE All-Share index rose 7.98 points or 0.35% to 2319. Cable & Wireless is rumoured to be selling its Japanese unit to a division of Softbank Corp, Nikkei English News is reported as saying, boosting its share price 2.75p or 2.7% to 104p. Barclays Bank is also up10.5p or 1.9% to 554.4p. In Asia, the Nikkei 225 rose to its highest level in four months thanks to gains for technology stocks after JP Morgan Chase recommended investors buy some US chip manufacturers. As a result, exporters in Japan and S...
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