FTSE edges back after difficult week

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The FTSE 100 edged back into the black this morning after a week of tumultuous trading which saw the index drop sharply.

As of 10:15am the market was sitting at 3,556, up 24.8 points or 0.68%. This compares favourably to the low seen earlier in the week when the index closed at 3,503 on Tuesday. However, today's early numbers are still significantly lower than last Friday's close of 3,830. The leaders this morning included WPP, the world's largest advertising company, which rose after its 2008 results beat analysts' expectations and it predicted a partial recovery in advertising will start to occur by 2010. It was up 6.68%, or 25 points, to 399.25. This was followed closely by Randgold Resources and Lloyd...

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