FTSE mixed in aftermath of US bailout

The latest solution to the financial crisis in the US boosted the sector's shares in London, with Royal Bank of Scotland adding 8% to 27p, Lloyds Banking Group gained 6.34% to 65.4p, while Barclays climbed 4.2% to 126.7p. However, miners were hit by falling demand for raw materials putting shares in Xstrata down 5% to 451p, Rio Tinto dropped 4.36% to £21.92, while Kazakhmys shares fell 3.92% to 386.5p. Wall Street saw huge gains on Monday as investors celebrated the Federal Reserve's plan to help the private sector buy up toxic assets, with the Dow Jones adding 497.48 points (6.84%) to ...