Morning Markets: FTSE buoyed by strong global markets

Laura Miller
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The UK index of 100 leading shares was up in early trading, lifted by rises in all the major global markets.

The FTSE rose 36.63 points, or 0.66%, to 5615.07 just after opening. Rolls-Royce Group shares led the rise, up 17.5 points, or 2.96%, to 609.00p. Miner Vedanta Resources was the main drag on the index, dropping 46 points, or 2.03%, to 2215p per share. The major European markets also made a positive early showing. Shares in Paris began with a small overall rise. The leading Cac index began 0.80% higher at 3792.42 points. In Germany the Dax was up 37.17 points to 6313.26 in early trading. In the US, shares moved upwards on Tuesday despite the S&P/Case-Shiller index showing su...

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