Energy helps FTSE climb

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The benchmark FTSE 100 has so far gained about 11 points to 4,446 after UK stocks rose this morning, paced by energy supplier Centrica.

Centrica rose 3p to 221p after UBS raised its recommendation for the company’s shares to “buy” from “neutral” after yesterday's news it is slashing more than 800 jobs. Hilton, a hotel operator, gained 4.5p to 271.75p. In Asia, Tokyo's Nikkei 225 index rose 101.00 points to 11,128.05 earlier today, and Hong Kong's Hang Seng gained 100.73 points to 12,030.66. On Wall Street, trading ended down yesterday as the Dow Jones Industrial Average index lost 67.06 points to 10,195.91 by the close. The S&P 500 index ended down 8.35 points at 1,116.64, and the Nasdaq Composite index also e...

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