British Airways leads FTSE decline

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In the UK the FTSE 100 has dropped 30 points to 5,351 in early trading as British Airways slumped on the back of rising oil prices.

British Airways has fallen 5p, or 1.6%, to 307.75p. But the rise in oil prices wasn’t all bad news as BP has risen 0.50p, or 0.08%, to 638.00p. PartyGaming is the top riser after good results from smaller rival sportingbet. Its shares have risen 7.3% to 76.75p. SABMiller has fallen sharply on the back of its trading statement with shares falling 17p, or 1.6%, to 1,041p. Meanwhile GUS is also in favour after detailing its recent trading, shares have risen 6p, or 0.7% to 862.50p. In Japan, the Nikkei 225 Stock Average fell 92.97 points, or 0.7%, to 13,463.74 at its close a short time ago,...

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