FTSE 100 gains 0.8% in early trading

Monday, 12 October 2009 09:30

The FTSE 100 started the week climbing 0.80 per cent - with gains for a mixed bag of stocks and drops for some miners and banks.

At 09:05 BST, the index was up 41.33 points to 5,203.20.

Leading the gains was Vodafone up 2.87 per cent.

Inmarsat rose 2.07 per cent, Shire climbed 1.85 per cent and Burberry Group was up 1.79 per cent.

Randgold Resources was down 1.27 per cent.

Lloyds Banking was down 1.04 per cent, while Barclays fell 0.90 per cent on reports it may sell off some assets.

Petrofac slipped 0.80 per cent and Antofagasta dropped 0.61 per cent.

Overnight in Asia, the Nikkei was up 1.87 per cent while the Hang Seng fell 0.93 per cent.

This morning in Paris, the Cac40 was up 0.60 per cent and the Dax in Frankfurt gained 0.83 per cent.

On the currency markets, sterling was down 0.50 per cent against the dollar to £1.578 and down 0.33 per cent against the euro to ?1.072.

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