FTSE static despite talk credit crunch at end

The index, which had a fairly static day on Tuesday, has dropped 3.5 points, or 0.06%, to 5,867 as of 9.45am. Legal & General currently heads the day’s winners, advancing 3.8p, or 2.95%, to 132.8p. It is followed by the London Stock Exchange Group, up 37p to £13.36, and Old Mutual, up 2.7p to 119.8p. But international passenger travel firm FirstGroup has dropped 22p, or 3.61%, to 588p, and it is joined in the loser’s table this morning by Lonmin, down 102p to £29.17, and Anglo American. In the US, a strong day on the Dow Jones saw the index climb 391.47 points, or 3.19%, to 12,654.36. C...