Pru sends FTSE down

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In the UK the FTSE 100 Index has slipped 15.10 to 5362.40 this morning led by Prudential.

The insurer has declined 11.5p to 525.5p, while Investment bank Schroders is also down 14.5p to 872p. BAE Systems meanwhile, has climbed 9.5p to 329.25p, after analysts attached a buy rating onto its stock from hold, while Rolls Royce Group advanced up 3.5p to 351p. In Tokyo the Nikkei 225 Stock Average climed to a four-year high, adding 1.4% to 12,263.32 at its close early this morning and led by stocks in the banking sector. Mizuho lifted 3.1% to 531,000 yen, while Mitsubishi Tokyo Financial Group added 3.5% to 1.01 million yen. Sumitomo Mitsui Financial Group picked up as much...

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