Morning Markets: Banks lead FTSE rally

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The FTSE 100 opened on 4,204, having closed on 4,190 the previous day, following the Dow's 168 point ...

The FTSE 100 opened on 4,204, having closed on 4,190 the previous day, following the Dow's 168 point gain yesterday. Banks lead the FTSE's rally with Barclays shares up 7.41% to 19p and RBS Group up 6.52% to 2.4p, by around 8.30am this morning. Financials were also among the biggest losers. General insurer Admiral Group and Standard Life fell 2.16% and 1.25% respectively. The positive performance came despite figures from Nationwide showing house prices fell 0.4% in April, reversing March's upward trend.

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