The FTSE100 has started strongly this morning after the Bank Holiday break, with brewer SABMiller leading the index 19.10 points (0.31%) higher to 6106.40.
SABMiller is leading the way on the back of merger speculation, currently up 7.11% to 1311. News its chief executive Arun Sarin will stand down has not damaged Vodafone at all this morning, it is 2.02% ahead to 166.60. A Merrill Lynch recommendation has buoyed advanced materials firm Johnson Matthey, up 1.92% to 1909. Persimmon is struggling as the home builder expects to be relegated from the FTSE100 next week, down 3.11% to 498. Home Retail and Carphone Warehouse are also lower, down 2.7% to 225 and 1.9% to 232.25 respectively. In New York, the US also enjoyed a public holiday o...
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