Solid US trading boosts FTSE

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London markets are slightly ahead this morning after a solid session on Wall Street boosted investor confidence on another busy day of Q1 trading statements.

The FTSE 100 currently sits 14.1 points (0.23%) ahead to 6229.30. Pub company Enterprise Inns is leading the gains so far, up 2.47% to 404.50. British American Tobacco is also doing well after boosting Q1 profit by 18% to £807m. It is currently ahead 2.32% to 1983. Persimmon and Cairn Energy are also higher in early trading, up 1.87 % to 599.50 and 1.86% to 3283 respectively. South African insurer Old Mutual has been stung early, down 3.51% to 126.40. A large convertible bonds fundraising has dimmed International Power, down 2.82% to 422.25; while Antofagasta joins a host of miners fol...

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