FTSE flat ahead of results news

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The FTSE 100 is flat in early trading with a small drop of 0.2 points to 6,165.9 as investors wait for company results to be announced.

British Energy Group is the biggest drag on the index so far with a drop of 4.57% to 417.5p, closely followed by rival energy stock Cairn Energy which has slipped 1.17% to £18.63. Miners are also off to a poor start with Anglo American down 2.19% to £23.62, closely followed by Kazakhmys which has slipped 2.12% to £12.03, while BHP Billiton has fallen 1.76% to £10.02. On the bright side Home Retail is posting the biggest gains so far with a rise of 0.97% to 414.5p, while WPP is also up 0.97% to 676.5p, closely followed by ITV which has added 0.96% to 104.75, while Amvescap has climbed ...

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