FTSE breaks 6,400 barrier

Wolseley posted the biggest gains with a rise of 7.24% to £14.07, following rumours of private equity interest, while Man Group climbed 3.02% to 579p, and Smith & Nephew gained 2.95% to 637.25p. Miners also performed well with Vedanta Resources up 5.35% to £12.80, while Xstrata added 3.49% to £24.88, although gains were limited by Scottish & Southern Energy which slipped 0.72% to £15.26. Drax Group was the biggest loser with a fall of 1.78% to 662p, closely followed by Carnival which fell 0.94% to £26.33, while Tate & Lyle slipped 0.84% to 592.5p, and Sainsbury dropped 0.68% to 514.5p...