Carnival ships FTSE past 5,900

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The FTSE 100 index has ended the day just over the 5,900 mark with a rise of 3.8 points, or 0.06%, to close at 5,900.4 as Carnival and PartyGaming.com led stocks higher.

Cruise operator Carnival led the gains with an increase of 6.37% to £21.72 after it received a “buy” note, while PartyGaming added 4.37% to 113.5p on speculation it is buying up shares in rival company BWIN. Mining stocks also continued to do well following on from this morning’s gains, with Vedanta up 3.13% to £13.83, while the steel firm Corus gained 3.17% to 407.25p following reports of a bid from Evraz. However, SABMiller posted the biggest losses with a drop of 2.94% to £10.40, closely followed by Rentokil which slipped 2.57% to 161p after both companies were downgraded by brokers....

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