Resources keep FTSE afloat as financials slide

RBS has not pleased investors with its plan to raise £12bn at a 46% discount; it’s down 5.1% to 353.50. HBOS and Barclays are also dropping sharply as speculation surrounds who may be next to seek a capital injection, down 4.72% to 514.50 and 4.44% to 457.25 respectively. Homebuilder Persimmon is also struggling, down 4.79% to 665.50. However, the mining and energy sectors are coming to the rescue once again, with the top five stocks in the index. BG Group and Rio Tinto are leading the way, each up 1.8% - to 1303 and 6349 respectively. In New York, lower-than-expected Bank of America r...