Resources have helped the FTSE surge ahead to 5416.70, having climbed 98.30 points (1.85%.)
Eurasian led the winners, jumping 60 (9.06%) to 722p. Anglo American rose 8.41% to 2502p, while Rio Tinto made gains of 7.98% to 4490p. BHP Billiton and Tui Travel also had a positive day. However, Smith & Nephew, Man Group, Imperial Tobacco Group and HBOS were among the firms struggling. Wolseley was the biggest loser, down 4.45% to 445.25p. In New York, The Dow Jones is currently up 19.05 points (0.17%) to 11414.66, after a shaky start. Gen Motors is up 1.04 (8.16%) to 13.79. Alcoa, Bank of America, Exxon Mobil and Du Pont make up the mixed bag of top winners. However, America Int...
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