The FTSE 100 has opened strongly this morning on the back of solid mining gains and a boost to tour operators. The index is currently 85.90 points ahead (1.48%) to 5874.80.
Thomas Cook is higher as rival TUI Travel announced encouraging post-Christmas consumer demand, with Cook 5.48% higher to 260. Kazakhmys and Anglo American are leading the mining gains on a stellar start for the sector, up 5.44 to 1201 and 4.91% to 2586 respectively. Biopharmaceuticals company Shire is leading the losses this morning, down 1.32% to 934 – while Alliance & Leicester is 1.17% down to 716.50. In New York, the Dow Jones ended the day strongly after speculation mounted on a further Federal Reserve rate cut. The index closed 176.72 points higher (1.45%) to 12383.89. JPMorg...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
