FTSE dances to PartyGaming tune

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The FTSE 100 index is making strong gains this morning, up 33 points or 0.57% to 5,890, on the back of rising commodity prices and good news for online gambling giant PartyGaming.

There were apparent concerns last week a key debate would be approved in the US House of Congress designed to ban most forms of internet gambling but evidence now suggests this would be hard to impose, so PartyGaming’s share price has leapt 7.25p or 6.86% to 113p. At the same time, commodity prices have gained again so Rio Tinto has so far earned 41p or 1.43% to £29.01 while Antofagasto is up 13.75p or 3.18% to 446.5p and BHP Billiton has risen 27p or 2.52% to £10.98. And there are just four stocks in the red this morning, one of which is Aviva, currently down 1.5p or 0.21% to 722p. I...

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