London's leading shares have started the day positively as investors shake off concerns surrounding the fallout from Dubai.
The FTSE has opened the day in positive territory as it shakes off the turmoil surrounding Dubai World, the holding company that has asked for an extension on the maturity of its sukuk bond. As at 9.30 GMT, the leading share index was up 88 points, or 1.71%, to 5279. Banking stocks and miners lead the rally, with Royal Bank of Scotland one of the morning's winners. However Lloyds, which is in the midst of launching the UK's biggest ever rights issue, is believed to be more exposed to the Dubai fallout and slipped lower this morning. ENRC and Rio Tinto are leading the charge of mining sha...
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