The majority of FTSE100 companies are struggling this morning with about 80% in the red so far. London's blue chip index is currently 44.90 points (0.82%) lower to 5405.
Oil giants are among the losses as crude prices fell by another $3 overnight. Crude is now just over $124 a barrel, down $23 on early July highs. Cairn Energy continues to be hit by the falling prices, down 6.18% to 2536. A huge rise in second quarter profits has done little for BG Group, down 5.44% to 1078. Tullow Oil is also lower, 4.7% behind to 729.50. The London Stock Exchange Group is leading the way so far, up 8.91% to 898. B&Q owner Kingfisher is storming ahead on a recent sales surge, 7.11% higher to 125. Rolls-Royce is also doing well, up 4.34% to 384.75. In New York, the crude...
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