AIG losses fail to dent FTSE confidence

Lonmin shares made the biggest early gains, up 86 points (2.77%) to £31.92, followed by Reuters, which added 11 points (1.84%) to 609p. Admiral Group shares lost 44.5 points (4.76%) to 890p, while Old Mutual dropped 4.3 points (3.69%) to 112.2p as financial shares continued to struggle in the changing market. On Wall Street, market climbed as several big US lenders said recent interest rate cuts should help stave off a recession, and the Dow Jones dropped 57.88 points (0.48%) to 12,240.01. General Motors shares climbed despite reports of losses in the North American market, up 1.32 (5...