The FTSE100 has opened well this morning with financials and mining stocks leading a mini recovery for the blue chip index, currently 40.60 points higher (0.71%) to 5763.90.
HBOS is leading the way after being punished yesterday with its share price climbing back to its 275p rights issue level, currently 3.88% up to 268. Standard Chartered, seen as the safest of the banking stocks, is 3.74% ahead to 1582; while Royal Bank of Scotland is 3.06% higher to 218.75. Best of the miners are Antofagasta and Vedanta, up 3.84% to 636 and 3% to 2302 respectively. Some poor figures for Homebase has led its owner Home Retail to suffer this morning, down 7.04% to 208. Carphone Warehouse is being smashed despite seeing headline pre-tax profit surge 75% to £216m. It is ...
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