London's leading share index pushed above the 6,000 mark in early morning trading, buoyed by rising commodity prices and corporate profits.
The FTSE 100 was up 0.18% at 6,008.17, following Friday's finish just below 6,000. This follwed a sluggish day of trading on the back of mixed US employment data. Cairn Energy was the best performer this morning, up 2.35%, followed by ARM Holdings up 2.21%. Gold mining firm Randgold Resources was up 1.71%, after posting a pre-tax profit of $136.14m for 2010. Fresnillo followed, rising 1.48%, and then Aviva, climbing 1.38%. Conversely, Resolution was down 1.24%, followed by Standard Life, falling 0.79%, HSBC Holdings, losing 0.75%, Anglo American, down 0.7% and Barclays, down 0.68%....
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes