FTSE rises as Wall Street opens on a high

The blue-chip index added 86.52 points (2.25%) to 3939.11 by mid-afternoon, though it had broken the 4,000 point barrier in earlier trade. Aviva's 12% rise in life an pension sales boosted its share price, up 10.91% to 272p. Other financials also gained, with Standard Chartered climbing 13.24%, while Old Mututal shares were up 11.06%. ICAP shares saw the biggest losses, down 9.06% to 268.5p, while Carnival shares tumbled 8.38% to £13.88 per share. Wall Street opened up after a poor end to Monday trading as investors were encouraged by positive results in Europe and Asia, with the mai...