FTSE edges up following oil sector drag

The FTSE 100 was up 0.23% at 5,997.20 this morning, recovering from a 0.28% drop to 5,983.34 at close. Morrison Supermarkets was the top performer this morning, rising 2.65%, followed by Severn Trent up 2.37%, United Utilities Group up 2.16%, Fresnillo up 1.98% and ARM Holdings up 1.83%. TUI Travel dropped 1.36% on the back of the Egypt crisis, followed by Cairn Energy, down 1.21%. Royal Dutch Shell shares fell 1.11%, despite the energy giant's profits almost doubling this year. AstraZeneca fell by 0.89%. In Europe, Germany's Dax rose 0.17% to 7,206.12, while France's Cac 40 increa...