Tate & Lyle keeps FTSE steady

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The FTSE 100 is slightly up in early trading with a rise of 8.9 points, or 0.14%, to 6,191.4, as a lack of company news is keeping investors on the sidelines.

Tate & Lyle is posting the biggest gains so far with a rise of 3.11% to 796p, following yesterdays upgrade by Morgan Stanley, closely followed by Kingfisher which has climbed 1.92% to 265p. Mining firm Xstrata is also off to a good start with a rise of 1.63% to £22.48, closely followed by Standard Chartered bank which is up 1.51% to £14.76, while Sainsbury has also slipped 1.51% to 402.75p. British Sky Broadcasting is currently the biggest drag on the index with a drop of 1.17% to 549.5p, closely followed by Royal Bank of Scotland Group which is down 0.8% to £18.58. Insurance companie...

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