The FTSE 100 index opened slightly up this morning, in a fragile recovery from yesterday's mammoth losses which saw it hurtle south of the 5,000 mark.
Early trading showed the index up 13.73 points or 0.28% to 4927.95 points, helped by commodities stocks. Astra Zeneca was up 267p or 9.08% to £32.14 per share, with BP shares also opening up 10.75p or 3.55% at 313.65p per share. Xstrata was also up 13.5p or 1.49% to 922.2p per share. Schroders shares fell in early trading, dropping 8p or 0.77% to £10.26 per share. Yesterday the FTSE lost 3% to close at its lowest level since last September. Stock markets are expected to remain volatile today amid fresh fears over the global economic recovery and ahead of a crucial repayment b...
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