Morning Markets: FTSE draws breath after record quarter

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The FTSE 100 kicked off the fourth quarter on a positive note in early trading, though shares dipped slightly towards mid-morning.

London's main index moved forward this morning, having registered the strongest quarter in its history over the last three months and was down 7.24 points (0.14%) at 5,126.66 points just after 10:00am. Legal & General continues to benefit from speculation Clive Cowdry's Resolution is circling the insurer and received a boost from a Deutsche Bank upgrade. Shares in the insurer were up 5.64% to 92.75p. A company upgrade from Morgan Stanley has pushed shares in Vedanta Resources higher this morning. Shares in the miner were up 5.31% to £20.03. Meanwhile, Deutsche Bank has also helped ...

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