Morning Markets: FTSE flirts with 5,800 after Greece boost

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The FTSE has continued Friday's sharp rise in early trading - up 20.99 points (0.36%) at 5,791.97 - buoyed by the eurozone's agreement to offer a £30bn loan package to Greece.

Retailers were among the early gainers, with Argos owner Home Retail Group climbing 3.7% to 292.40p. Sainsbury's was up 2.1% to 347.20p and Marks and Spencer added 1% to 375.20. Financials were also among the risers, with RBS up 1.4% to 45.46p and Prudential 1.39% higher to 581.50p. Mining shares fell, with Antofagasta down 0.85% to £10.48 and Xstrata 0.6% lower at £12.88. US shares gained ground on Friday as details of the Greece loan first began circling. The main Dow Jones Index briefly breached 11,000 points for the first time in 18 months, before closing up 70.28 points (0.6%) a...

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