The FTSE 100 failed to respond to broker upgrades and healthy earnings reports in early trading, advancing only six points, or 0.1%, to 5,562.37 points.
Credit Suisse says it expects Eurasian Natural Resources to outperform. The firm's share price rose 2.7% to 889.5p this morning. Meanwhile, Goldman Sachs upgraded Invensys from 'neutral' to 'buy', leading the stock 2.1% higher to 282.8p. Kingfisher saw a 22% climb in first half pre-tax profits after cutting input costs to its business and narrowing losses at Chinese operations. Its shares rose 3.5% to 226.5p. BP jumped 1.7% to 411.1p, regaining some of the ground it lost yesterday amid reports it failed to meet emergency safety regulations in its North Sea operations. Among this...
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