Old Mutual lifts FTSE as BA falls again

The FTSE 100 index is currently up 0.4% to 5335.5 points thanks largely to gains for South African insurer Old Mutual Plc while the FTSE All-Share index is up 9.7 points or 0.4% to 2150.6 and the FTSE 250 index has gained 18.8 points or 0.3% to 5853.2. British Airways is currently down 5.5p or 2.7% to 200p after oil prices hit another record high yesterday. That said, life insurer Old Mutual has gained 1.25p or 1.3% to 100p. In Asia, the Japanese markets closed the day up on the back of growing debt.Despite the feedback in recent months concerning the debt liabilities of banks, th...