The FTSE100 has opened in positive territory this morning as Barclays dominates the news early Monday. The blue chip index is currently 10.30 points (0.18%) higher to 5813.10.
Barclays is leading the way after it announced it is considering a rights issue, 8.41% higher so far to 344.75. Homebuilders are also going well, with Persimmon leading the sector – up 6.68% to 439. Miner Eurasian continues its recent rise, up 3.71% to 1370; while Alliance & Leicester is 3.62% higher to 351. UBS downgrade to ‘sell’ has hit both Unilever and Cadbury, down 3.24% to 1522 and 1.99% to 639 respectively. In New York, it was a strong finish to the week on Wall Street as confidence the Fed would leave interest rates at the current level grew. The Dow Jones IA closed Friday up 1...
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